How did a diversified portfolio grow to 27 million while the S&P 500 only reached 4.9 million over 40 years?
Paul Merriman analyzes the performance of 60/40 portfolios during bear markets, comparing them to all-equity strategies and discussing diversification benefits. He shares data from Ben Carlson's study and explores how different asset allocations impact long-term retirement outcomes, emphasizing the importance of sequence of returns and risk management.
