60-40 Portfolio? Fuggedaboutit! Saul Goodman Says You're Gonna Need More Moolah to Cheat Death!

60 40? More Like 60 Broke!

Alright folks Saul Goodman here your friendly neighborhood lawyer... I mean financial advisor! You know the kind who's always looking out for your best interests… especially if they align with mine! I just got wind of this article talking about how that old 60 40 portfolio – you know 60% stocks 40% bonds – is deader than Gus Fring after a certain surprise visit. And I gotta say I agree! It's like bringing a butter knife to a gunfight… or trying to reason with a cartel boss. Not gonna work pal! Ric Edelman is saying that the problem isn't the market it's us living too darn long! Can you believe it? We're becoming a bunch of Methuselahs and that means we need more dough to keep the lights on (and maybe buy that solid gold toilet seat we've always dreamed of).

Living to 100? Time to Cook Up a New Plan!

Edelman’s telling everyone to plan like they're gonna hit the century mark. Now I'm no scientist but I know a thing or two about extending lifespans… or at least making people *think* they are. But seriously folks he's got a point. If you're gonna live long enough to see hover cars you’re gonna need more than a measly 60 40 split. He's saying pump those equities up to 70 80%. It’s risky sure but as I always say "Better call Saul!"… and invest in something that might actually outpace inflation and the rising cost of you know *not* dying.

Super Ager Era: More Geriatrics More Problems

So by 2060 we’re gonna have a nation full of super agers. That's great for bingo night but not so great for your wallet. Healthcare costs are gonna skyrocket faster than Walter White's ego with Fidelity Investments estimating a whopping $315,000 just for health care. And let's be honest most folks are running on fumes when it comes to retirement savings. It’s a disaster waiting to happen! We will see a huge increase in demand for geriatric focused healthcare and assisted living facilities!

Alzheimer's: The Ultimate Buzzkill

And speaking of living long let’s talk about Alzheimer's the silent killer of bank accounts. Edelman's even got his fingers in the diagnostics game trying to develop a test that tells you ten years in advance if your brain's gonna turn to mush. Scary stuff right? But hey knowledge is power! And with lifestyle changes potentially delaying the onset it's like having a chance to cook up a better future for yourself even if you're facing a bad diagnosis. The fact that this test could be applied to other neurological disease AND cancer is promising as well.

Bond Ladder ETFs: Stairway to Heaven (or at Least Financial Security)

Now before you start hyperventilating there's hope! Enter the bond ladder ETF Edelman is calling it the most boring ETF. It's a way to get guaranteed income for life. Basically it's like buying a bunch of U.S. Treasury bonds with different maturity dates so you get a steady stream of cash flow. It is pretty boring but it's a heck of a lot easier than trying to buy 120 bonds yourself! And get this it’s even tax efficient! Who knew Uncle Sam could be your friend? Remember folks "If you're committed enough you can make any story work." And this story is about you living comfortably until you're 150! So boring can be good! No one wants drama in their retirement portfolio.

Long Life: More Money More Problems… Solved by Saul!

So there you have it folks. Living longer is a double edged sword but with the right strategy you can slice through those financial worries like a hot knife through butter. And who better to guide you than yours truly Saul Goodman? Remember “Money is not everything. But it’s better to have it than not.” Unless you are being served by a judge in that case you should call another Saul! Stay safe stay solvent and maybe invest in a good toupee… you know for those extra long years!