Mark Moss compares two retirement strategies: one where you gradually spend down your savings, and another where your wealth keeps growing indefinitely to fund your lifestyle and pass on to future generations. The difference is between hoping your money lasts and building something that never runs out.
Now what we're going to show you is that person A, the system they're using is the traditional plan that your financial advisor puts you into or whatever, which is basically you can sell off because you've built up those assets and those assets continue to grow. I can sell off a little bit of those assets each year to fund my lifestyle because they're growing. So I can sell a little bit, not really wind that down. Now for a lot of you though, you are winding it down and you're kind of at this place where you hope that it doesn't run out before you die. Person B realizes that assets keep going up forever, and I don't just want to take care of my own life, I want to set up my kids and my grandkids and my great-grandkids. Like, I want to change my bloodline here. Still want the same amount of money to fund my life, and I'm still getting the same return.
