I was today years old when I learned of the “Merton Share” framework for investment & spending 💰🧐:
“How Much Happiness Does Money Buy?” [2024], The Economist (https://www.economist.com/christmas-specials/2024/12/19/how-much-happiness-does-money-buy or https://archive.is/P5Cu7).
So…let’s go, eh? 💰🏃🏽♂️🏃🏽♀️
Not so fast! A critique 🧐:
“Here We Go Again: Merton Share And Why I Don’t Use Retirement Calculators”, William Bernstein, Advisor Perspectives (https://www.advisorperspectives.com/articles/2025/02/10/merton-share-why-dont-use-retirement-calculators).
#MertonShare #Retirement #Finance #Investing #Economics #Math #Hype
रञ्जित (Ranjit Mathew)