Venture
fromBusiness Insider
1 week agoJeremy Grantham says AI is 'obviously a bubble' and stocks could plunge
AI is a historic investment bubble likely to burst and significantly depress markets, producing much lower future returns.
Many financial experts recommend the 4% rule as a strategy for managing retirement savings. The rule says that if you withdraw 4% of your savings balance your first year of retirement and adjust future withdrawals to account for inflation, there's a very good chance your nest egg will last 30 years. This means that as long as you don't retire too early, there's a strong chance your money will never run out on you.