While the idea of living in 200 square foot house growing your own kale may not resonate as a desired lifestyle most people can find ways to cut back and many legendary investors extoll the virtues of keeping investments simple and obviously ETFs play a huge role in a simplified investment portfolio.
I recently had very similar conversations with two friends both in their early 50’s who are starting to think about what their retirements might be and while both know they need to have their savings last they do not want to spend a lot of time on their investments.
A simple ETF portfolio diversified across the major asset classes can get the job done in terms of sustaining a long retirement, all the easier when the retiree has simplified their financial life and financial needs.
This article was written by Roger Nusbaum AdvisorShares ETF Strategist.