cover of episode 11/19/24: The Global Birth Dearth is Getting Worse - But Does it Matter?

11/19/24: The Global Birth Dearth is Getting Worse - But Does it Matter?

2024/11/19
logo of podcast THE TRUTH ABOUT YOUR FUTURE with Ric Edelman

THE TRUTH ABOUT YOUR FUTURE with Ric Edelman

Frequently requested episodes will be transcribed first

Shownotes Transcript

South Korea faces a demographic crisis with the world's lowest birth rate of 0.72, and globally, nations face falling fertility rates, sparking initiatives like cash incentives, subsidized childcare, and retirement reforms to sustain aging populations. And the 4% withdrawal rate remains a reliable guideline for retirees, designed to preserve principal indefinitely when applied to a diversified 60-40 portfolio with average returns of around 7%.

#FertilityCrisis #PopulationDecline #BirthRate #DemographicShift #AgingPopulation #GlobalTrends #ChildFreeLiving #EconomicImpact #PolicyChange #CulturalShifts #RetirementPlanning #4PercentRule #FinancialIndependence #PortfolioStrategy #DiversifiedInvestments #RetirementIncome #WealthManagement #PersonalFinance #InflationImpact #SmartInvesting


Join our mailing list: https://www.thetayf.com/pages/podcast)

Subscribe to podcast updates: https://form.jotform.com/223614751580152

Ask Ric: https://www.thetayf.com/pages/ask-ric

-----  

Links from today’s show:  

12/9 Webinar - What the Election Results Mean for Crypto: https://dacfp.com/events/what-the-election-results-mean-for-crypto)

12/10 Webinar - The Retirement Revolution: ETF Solutions for Modern Retirement Planning: https://www.thetayf.com/pages/the-retirement-revolution-etf-solutions-for-modern-retirement-planning)

11/13 Webinar Replay - An Innovative Way to Generate Income in a World of Declining Rates: https://www.thetayf.com/pages/november-13-2024-an-innovative-way-to-generate-income)

10/9 Webinar Replay - Crypto for RIAs: Yield, Staking, Lending and Custody. What’s beyond the ETFs? https://dacfp.com/events/crypto-for-rias-yield-staking-lending-and-custody-whats-beyond-the-etfs/)

Certified in Blockchain and Digital Assets including Crypto Taxation Course/Webinar: https://dacfp.com/certification/)

-----  

Follow Ric on social media:  

Facebook: https://www.facebook.com/RicEdelman)

Instagram: https://www.instagram.com/ric_edelman/)

LinkedIn: https://www.linkedin.com/in/ricedelman/)

X: https://twitter.com/ricedelman)

YouTube: https://www.youtube.com/@RicEdelman)

-----  

Brought to you by:  

Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.html)

State Street Global Advisors: https://www.ssga.com/us/en/intermediary/etfs/capabilities/spdr-core-equity-etfs/spy-sp-500/cornerstones)

Schwab: https://www.schwab.com/)

TAYF Disclosure page: https://www.thetayf.com/pages/sponsorship-disclosure-fee)