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Joe Deitch - The Future of personal finance - Part 1
Manage episode 407540547 series 3563308
Kevin Craine and Michael Gale에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Kevin Craine and Michael Gale 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Joe Deitch delves into the future of personal finance and discuss the driving factors that will shape it in the next decade. This is Part 1 of a two-part interview. He highlights several key points, starting with the anticipated increase in lifespans and its profound implications for retirement planning. As people live longer, the need to save for extended periods and ensure financial support throughout retirement becomes a crucial concern. Technological advancements, especially in AI and emerging technologies, are expected to revolutionize personal finance. Investment portfolios will become more connected to AI systems, providing individuals with instantaneous access to information and potentially leading to more standardized portfolio models. However, the he also emphasize the potential advantages of niche market expertise. They stress the power of compound interest, urging younger generations to start saving and investing early to benefit from the compounding effect over time.
Read Michael's corresponding article for Forbes here:
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