“I’m not smart enough to know what’s going to happen in the market, no one is. I don’t know if we are currently in the middle of an unprecedented bull market that will go on for another 8-9 years, or if it is something else.
All I know is that bears happen. At some point, we are going to hit a bear market. And if that some point happens in the next five years, then the FI date I calculate today with the assumption of steady growth at 7%, won’t happen.”