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By the way, 10% was an example only, it can be any % you wish to retire on having X amount available for investment. After downturn you can lower the income and perhaps in better growth years increase it or leave it constant, but who wants to lower their standard of living, right? Also, after 10...

But Oracle, I am providing an example, when entering the pension phase, not the accumulation phase. I do understand dollar cost averaging and you can do it when you are working and earning an income. BUT, when you are about to retire and now need to start living off your nest egg, where will...

Thank you oracle! Great video and we can all learn from it here too. I have known this since working for one of those financial institutions in Australia. Long time ago, one of my projects was to program into managed funds, ALL those fees! Imagine upfront fee of 4% on just investing your money...

Do not gamble $ investments prior to retirement! +1 as I totally agree. Not sure if the figures will be displayed clearly as I try to illustrate 3 Scenarios. Imagine you are retiring with $1m and you invest the money (say stocks). You better pray and hope that negative returns do not occur as...