Review Detail

If you want honesty, I did not think highly of the presentation until Q&A when sequence of returns risk was addressed. That helped. Still concerned about historical numbers to generate expected future returns.... a 10% stock return? That flies in the face of all ERP surveys. Also how often does history include both low bond returns and low stock returns? Net, net... this is a complicated topic and the final tables were an interesting way to illustrate. Lowering spending instead of raising stock alloc better