David Blanchett

There's things like your overall like subjective health, like am I a healthy person?

And am I like socially connected?

And if you run like complex regressions, you know, like all of these things are important, you know, both individually and then when you control for all the other stuff going on.

So I think that like retirement satisfaction is important because, you know, I spend a lot of time like building like these complex mathematical models to optimize a portfolio.

And it doesn't matter how efficient that portfolio is if you can't sleep at night.

So I think there's just a lot of behavioral outcomes, things we need to be aware of when we talk about strategies.

And these things are important.

So I think that at a high level, retirees are a pretty content, pretty satisfied bunch.

But things do matter.

The more wealth, the more health that you have, the happier you're going to be on average.

Sure thing.