254 Directionally right is more important than precision

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This episode is 16 minutes long.

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This episode was published on April 10, 2022.

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from Money Over 50

In financial planning, it is almost impossible for you to be absolutely precise in what the future will look like. For example, there is no way to figure out what inflation will be each year in the next 10 years. However, we do know that it will likely increase, therefore, we must include this in our calculations to help prepare for the future. You will never be exactly right, but heading in the right direction using the information at hand is absolutely important. For more information, please visit www.mo50.com.au

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254 Directionally right is more important than precision

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