Path Dependency in Financial Planning: Retirement Edition - ReSolve Asset Management
Imagine for a moment sitting at the kitchen table, steaming coffee in hand. The sun is streaming in the windows, bacon is popping in the pan, and Rover drops the paper at your feet. A brilliant Saturday morning by any measure, but today is extra special. Now you’re retired! When you open the paper to the front page you notice that something is strange. First, the pictures are moving as though there is a movie embedded in the page instead of a picture. The text is in a strange font, and is so clear that it almost jumps from page to eye. When you start to scan the first article, you are startled to discover that a woman’s voice seems to be reading the words directly into your mind. Your eyes dart to the top of the page, searching for the publishing date of the paper: August 1, 2045. Your gut falls, pulse is pounding; deep breath, calm yourself. A few minutes later, coffee and bacon forgotten, you are flipping urgently through the paper – maybe it will disappear just as quickly as it appe
"And now the sequence of events in no particular order" - Dan Rather Imagine for a moment sitting at the kitchen table, steaming coffee in hand. The sun is streaming in the windows, bacon is popping in the pan, and Rover drops the paper at your feet. A brilliant Saturday morning by any measure, but today is extra special. Now you’re retired! When you open the paper to the front page you notice that something is strange. First, the pictures are moving as though there is a movie embedded in the page instead of a picture. The text is in a strange font, and is so clear that it almost jumps…
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