Almost half of Millennials want to retire early. Will that hurt economic growth? There were similar concerns in the 1920s that early retirement would wreck the economy. In fact, there was significant pushback against retiring at all due to fears retirements would destroy the economy. Yet, the Great Depression still came. In this episode, we consider what ended the Roaring Twenties, caused the Great Depression, and how early retirements impact the economy.  Topics covered include: What is the paradox of thrift and how does it apply to early retirement.Why the 1920s were called the Roaring Twenties.Why the work culture in the 1920s was for workers to not retire, but "die in the harness."What caused the Great Depression.How economies and job markets adapt over time.How waves of early retirements could change the economy. Thanks to LinkedIn Learning and Vistaprint for sponsoring the episode. Use promo code David to get free shipping from Vistaprint. For show notes and more information on this episode click here. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

How pandemics have impacted the economy and financial markets. Where does the coronavirus rank in severity compared to other pandemics. What portfolio changes, if any, should investors make in response to the coronavirus pandemic. Topics covered include: Definition of a pandemicThe worst pandemics in the 20th and 21st centuriesWhat are the factors in determining the severity of the coronavirus' impactWhat are the economic ramifications of the coronavirus.How did financial markets perform during previous pandemic episodes.Are there portfolio changes investors should make in response to the coronavirus Thanks to Policygenius and LinkedIn Jobs for sponsoring the episode. For show notes and more information on this episode click here. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.