When I first started in financial planning, this would be back in the 1980’s, investing for your retirement was simple. When you were young, the theory went, you dutifully started putting away a little bit of your salary each month. The amount was as high a percentage of your income as you could manage. It was supposed to be a sacrifice. Give up something now to have something later. You invested in the stock market, of course. Equity returns were the way to go and you had plenty of time to ride out cyclical fluctuations. Your risk return profile indicated a higher acceptance of risk. You also bought a home. This was more a place to live than a retirement investment. Still, it increased your net worth. As you got older you … [Read more...] about Some Unconventional Thoughts on Investing for Your Retirement