Podcasts about 4% rule

We hoped to have many episodes created already in 2025, but life had other plans! Jay explains the exciting news that has slowed our progress on the podcast. Please stay tuned for more HopeFilled Financial Podcasts, but please be patient as we navigate this new season of life. See you next year?!  Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. Subscribe if you don't want to miss our return! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).  Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.  Our Website: HopeFilledFinancial.com Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

In this episode of the Retirement Playbook, Granger Hughes discusses essential strategies for retirement planning, focusing on market volatility, the 4% rule, social security timing, and the role of annuities. They emphasize the importance of a customized retirement plan tailored to individual needs and circumstances, highlighting the need for education and informed decision-making in financial planning. Get to know the Hughes team and schedule a time to speak with them or see the upcoming events at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

In this conversation, Derrick from The Hoyl Financial Group discuss the evolution of retirement planning, particularly in light of the 4% rule and the changing landscape of investment strategies. They emphasize the importance of diversification, the role of annuities, and the need for personalized financial planning. The discussion also covers how to navigate market volatility, the significance of understanding investment fees, and strategies for maximizing tax refunds to enhance retirement savings. Get Your Complimentary Retirement Analysis Social Media: Facebook I Twitter See omnystudio.com/listener for privacy information.

Abe Ashton discusses strategies for navigating economic uncertainty, particularly in light of a potential recession. He emphasizes the importance of building cash reserves, managing debt, and maintaining a calm approach to financial decisions. As the founder of Ashton and Associates, Abe Ashton has more than 20 years of financial planning experience helping thousands of families in Utah, Nevada, and across the country retire with confidence. Abe’s mission is to provide client-focused education and solutions to seniors and retirees, that help them achieve the retirement they’ve worked so hard for. To get more information on Ashton & Associates, or to schedule a consultation call, 435-688-9500 or visit AshtonWealth.comSee omnystudio.com/listener for privacy information.

William Bengen created the 4% rule in the 1990s. Now, Bengen says INCREASE your exposure to stocks while you’re IN retirement. Greg disagrees…LOUDLY. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.

On this episode: How Wall Streets’ concerns and your concerns aren’t the same. Gold is going up, should you consider investing? More “paint by numbers” advice from the national financial media that isn’t helping. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.

Send us a textOn the income side, I did not initially realize the importance of those extra dollars generated through part-time work. The basic concept is that each dollar earned equals $25 less needed in savings. This formula is derived using the 4% rule in reverse.If you'd like to be a part of a free online retirement community, join us on Facebook: https://www.facebook.com/groups/399117455706255/?ref=share

Abe delves into the evolving landscape of retirement planning, focusing on the 4% rule and its recent adjustment to 3.7% as suggested by Morningstar. As the founder of Ashton and Associates, Abe Ashton has more than 20 years of financial planning experience helping thousands of families in Utah, Nevada, and across the country retire with confidence. Abe’s mission is to provide client-focused education and solutions to seniors and retirees, that help them achieve the retirement they’ve worked so hard for. To get more information on Ashton & Associates, or to schedule a consultation call, 435-688-9500 or visit AshtonWealth.comSee omnystudio.com/listener for privacy information.

This week, Brandon Bowen discusses the critical aspects of retirement planning, highlighting the common regrets of not saving adequately, the importance of having a personalized retirement plan, and the fears associated with running out of money. The discussion emphasizes the need for a strategic approach to income generation in retirement, the implications of the 4% rule, and the potential for achieving higher drawdown rates through effective planning and investment strategies. Like what you hear? Get a second opinion today

In this episode of Beer andMoney, Ryan Burklo discusses various tax strategies for retirement, emphasizing the importance of planning with the end in mind. He explores the implications of different income needs, the 4% withdrawal rule, and compares various tax strategies including amortization and annuities. The conversation highlights how where you place your money can significantly impact your tax bracket and overall financial health in retirement. Check out our website:  beerandmoney.net For a quick assessment of your current financial life go to: https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo Takeaways Understanding tax brackets is crucial for retirement planning. The 4% rule helps determine sustainable withdrawals. Amortization can provide a different tax strategy for income. Annuities can offer guaranteed income but have tax implications. Effective tax rates can vary significantly based on income sources. Planning with the end in mind allows for better tax strategies. Diversifying tax buckets can help control tax liabilities. Long-term planning is essential for maximizing retirement income. Where you put your money today affects future tax strategies. Engaging with financial professionals can simplify planning.  Chapters 00:00 Introduction to Tax Strategies in Retirement 02:54 Understanding Income Needs and Tax Implications 06:10 Exploring the 4% Withdrawal Rule 08:59 Amortization as a Tax Strategy 11:54 Comparing Tax Strategies: Interest-Only vs. Amortization 15:00 Annuity as a Tax Strategy 18:03 Tax Implications of Annuities 20:45 Long-Term Tax Planning Strategies 23:12 Conclusion and Call to Action  

Send us a textRetirement Coach Kevin Lyles joins me in a long form discussion about Retirement Spending Rules. Kevin and I discuss the pros and cons of the most popular spending rules and plans.If you'd like to be a part of a free online retirement community, join us on Facebook: https://www.facebook.com/groups/399117455706255/?ref=share

Raj Shah and Rick Borek explore the misconceptions surrounding retirement planning, using the humorous analogy of chocolate milk to highlight the prevalence of misinformation. They discuss the dangers of relying on the 4% withdrawal rule and the misguided belief in an 8% withdrawal strategy, emphasizing the need for a diversified income approach in retirement. For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner. See omnystudio.com/listener for privacy information.

On this week's show: Thinking about your tax bill 20 years from now. Going from worry to wonder with your retirement. Wall Street’s model of paying for financial services works for them but not you. Those unused gift card are dead money. Do you have the same in your 401(k)? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.

New research that stress-tested the 4% rule revealed that it failed for older ages, resulting in the lowest income over time. But why is this the case? Frank and Frankie Guida reveal the reason and explore the risks associated with the 4% rule and why customized income planning is more effective for retirees. They also touch on tax planning for your income as well as strategies to begin taking Social Security. Connect with the team at A Better Way Financial to get an analysis of your portfolio’s risk today! Read our book! Amazon Best Seller, “The Book on Retirement: A Better Way to Stretch Your Retirement Dollars While Living the Lifestyle of Your Dreams.”See omnystudio.com/listener for privacy information.

It’s common for people to have a target of $1 million saved, and a $100k-a-year spend in retirement. How much do you need to make that happen? Like this episode? Hit that Follow button and never miss an episode!

"As long as the stock market goes up, take 4% of your money and you'll never run out." That's the theory. Does it work? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.

Ever wondered if the 4% rule is truly a reliable strategy for your retirement? In this episode, Mike & Ryan delve into the intricacies of this popular financial guideline and explore its real-world implications. Discover why sticking strictly to the 4% rule could lead to unexpected financial pitfalls, especially when factoring in additional expenses like nursing home care. Mike & Ryan also discuss the importance of a holistic approach to financial planning, where risk management, tax implications, and long-term care are all carefully balanced. Want to begin building your retirement plan? Schedule a call with us here:

Ricochet J in Colorado and her husband want to retire as soon as humanly possible. Are they on track? Should they save their surplus funds to a brokerage account or a solo 401(k)? That's today on Your Money, Your Wealth® podcast 505 with Joe Anderson, CFP® and Big Al Clopine, CPA. Plus, Micah in South Dakota wonders whether having a $40,000 a year pension is basically the same as having a million dollars in bonds, according to the four percent rule. What do Joe and Big Al think? Barney and Betty will be in the 12% or 22% marginal tax bracket, but their effective tax rate will only be between 10% and 12.4%, so how much should they convert to Roth? Are they asking the right question? And finally, Joe and Big Al spitball on ways to ensure that Amir in New Mexico has the maximum possible retirement income to last him to age 90 or 95. Access all the free financial resources and the episode transcript: https://bit.ly/ymyw-505 DOWNLOAD The Complete Roth Papers Package for free WATCH Your 11-Step Path to Financial Freedom on YMYW TV CALCULATE your free Financial Blueprint REQUEST: Ask Joe & Big Al for your Retirement Spitball Analysis SCHEDULE: free financial assessment SUBSCRIBE: YMYW on YouTube DOWNLOAD: more free guides READ: financial blogs WATCH: educational videos SUBSCRIBE: YMYW Newsletter Timestamps: 00:00 - Intro: This Week on the YMYW Podcast 01:04 - Save to Brokerage vs. Solo 401(k) to Retire as Soon as Humanly Possible? (Ricochet J, CO) 15:23 - Watch Your 11 Step Path to Financial Freedom on YMYW TV, Calculate your free Financial Blueprint 16:36 - Is a $40K/yr Pension Similar to $1M in Bonds According to the 4% Rule? (Micah, SD) 18:48 - Marginal vs. Effective Tax Rates: How Much to Convert to Roth? (Barney & Betty) 22:58 - Download the Complete Roth Papers Package 23:48 - How to Have Maximum Possible Retirement Income to Age 90-95? (Amir, NM) 30:13 - Outro - Next Week on the YMYW Podcast

In this episode, Dr. Preston Cherry talks about retirement income, breaking down the famous 4% rule with its creator, Bill Bengen, renowned for his groundbreaking work in retirement planning.Key Points:1. The 4% rule should be seen as a flexible guideline rather than a strict rule, adaptable to individual retirement timelines and economic conditions.2. Creating a diversified investment portfolio is crucial for managing risks and optimizing returns.3. Continual assessment and adjustment of the retirement plan are essential.4. Implementing strategies like guardrails allows retirees to adjust their withdrawal rates in response to market and inflation changes, ensuring sustainability of their retirement income over the long term.5. Building and sticking to a retirement plan requires psychological resilience, especially during market downturns.Want to learn more? Connect with us below!Pre-Order Dr. Cherry's book 'Wealth In The Key of Life'Sign up for 'Make Your Finances Flourish' Live Workshop! Get a Free Finances Guide and Check Out Financial Planning Services Receive Our Free Personal Finance Newsletter Dr. Preston D. Cherry

Kevin Brucher discusses the evolving landscape of retirement planning, focusing on the implications of the 4% rule, the challenges posed by national debt, and the importance of understanding Social Security and Medicare options. He emphasizes the need for responsible tax policies and the impact of wealth disparity on retirement security. The conversation also highlights the significance of maintaining effective communication with financial advisors to ensure a successful retirement strategy. Call 800-975-6717. Visit Silver Leaf Financial to learn more.See omnystudio.com/listener for privacy information.

This week, Brandon Bowen discusses the critical aspects of retirement planning, highlighting the common regrets of not saving adequately, the importance of having a personalized retirement plan, and the fears associated with running out of money. The discussion emphasizes the need for a strategic approach to income generation in retirement, the implications of the 4% rule, and the potential for achieving higher drawdown rates through effective planning and investment strategies. Like what you hear? Get a second opinion today

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In this episode of WealthWorks Radio, Eric Kearney and Joseph Lenza discuss the five pillars of retirement planning: retirement income, financial planning, investment management, healthcare planning, and estate planning. They emphasize the importance of regularly updating and monitoring financial plans, as well as the need for a comprehensive estate plan. The hosts also touch on the rising healthcare costs and the potential impact on retirement planning. They offer listeners the opportunity to receive a personal financial blueprint and an income plan at no cost. Call Eric Kearney 800-779-1942 Visit Retirement Wealth LLC to learn more.See omnystudio.com/listener for privacy information.

Episodes 79 and 80 are going to be very important episodes that might very well change how many of you plan for retirement and may cause quite a stir! BUT these episodes will be delayed to make sure we get you the best information possible for these exciting episodes. Keep your eyes peeled for Episode 79 in a few weeks! We are so excited to share with you what we have found. Subscribe so you don't miss when the episode publishes. Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial). Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com  Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

SummaryIn this episode, Kyle and Kolin discuss three common retirement portfolio income strategies: spending portfolio income, the 4% rule, and risk-based income guardrails. They explore the pros and cons of each strategy and provide examples to illustrate their application. The conversation delves into the nuances of each strategy, highlighting the considerations and implications for retirees.TakeawaysUnderstanding the different retirement portfolio income strategies is crucial for retirees to make informed decisions about their financial future.The 4% rule, spending portfolio income, and risk-based income guardrails each have unique pros and cons that should be carefully evaluated based on individual retirement goals and financial circumstances.Dynamic income strategies, such as risk-based income guardrails, offer flexibility and the potential for increased spending, but also require careful monitoring and adjustment based on market performance and portfolio value.Subscribe to The Retire Ready Weekly NewsletterGet more information on The Retire Ready AcademyLooking for personalized financial planning? Visit our websiteDisclosure: MOKAN Wealth Management is a registered investment adviser with the state of Kansas and Missouri, and may only transact business with residents of those states, or residents of other states where otherwise legally permitted subject to exemption or exclusion from registration requirements. This communication is not intended as an offer or solicitation to buy, hold, or sell any financial instrument or investment advisory services.

Jay explains a temporary delay in our regular podcast scheduling due to unforeseen family circumstances. Episode 75 will publish next week. Jay also gives a teaser for Episode 75, 76, and 79.  We also want your feedback on a membership model for our podcast where you would get access to all the spreadsheets and resources from the show. Let us know what you think in the comments! See you next week! Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial). Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

John Rekenthaler, vice president of research for Morningstar Research Services, explains how Morningstar's study confirmed the 4% retirement rule and discusses why it's important for new retirees to be flexible with their spending.Six Retirement Withdrawal Strategies that Stretch SavingsWhat Has Changed with Retirement Withdrawal Rates?Trade Offs to a Conversative Start with Your PortfolioRisks and Benefits of Changing a Portfolio's Stock AllocationFlexible Spending Strategies  The Role of Guaranteed IncomeKey Takeaways Read about topics from this episode.  Six Retirement Withdrawal Strategies that Stretch SavingsMorningstar's Retirement Income Research: Reevaluating the 4% Withdrawal RuleThe Good News on Safe Withdrawal RatesThe Best Flexible Strategies for Retirement Income What to watch from Morningstar.New Dividend Stocks: Can Meta and Salesforce Help Revive the Classic Strategy?Self-Made Millionaire Tori Dunlap Embraces Mission to Make Women RichWhat's Surprising Some Retirees About Their Social Security Benefits?SPY Vs VOO: Which of Warren Buffett's Two ETFs Are a Better Bet? Read what our team is writing:Ivanna HamptonJohn Rekenthaler Follow us on social media.Facebook: https://www.facebook.com/MorningstarInc/Twitter: https://twitter.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/ 

Today, we're with JL Collins, the Godfather of Financial Independence (FI), discussing the allure of the VTSAX and chill strategy!

Moshe Milevsky is a professor of finance at York University in Canada. He's an author and leading authority on the intersection of wealth management, financial mathematics, and insurance.Professor Milevsky talks about the fundamental shifts in retirement planning and why it's no longer simply a math problem to be solved, how he feels about the 4% withdrawal strategy for retirement income, and why he doesn't like the idea of choosing a retirement date. Go to Moshe Milevsky's website.....The Allianz consumer study referenced in this episode is the Allianz 2023 Annual Retirement Study, an online survey conducted in February and March 2023 with a nationally representative sample of 1,000 individuals age 25+ in the contiguous U.S. with an annual household income of $50k+ (single) / $75k+ (married/partnered) OR investable assets of $150k+.Allianz Life Insurance Company of North America (Allianz) and Allianz Life Financial Services LLC are not affiliated with our podcast guest. The guest's website is being provided as a service to you. Opinions expressed by the podcast guests are not necessarily those of Allianz or its affiliates. Please note that the information and opinions are provided by third parties and sources believed to be reliable, but accuracy and completeness cannot be guaranteed. The information is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual's situation.Allianz Life Insurance Company of North America has been keeping its promises since 1896 by helping Americans achieve their retirement income and protection goals with a variety of annuity and life insurance products.Allianz Life Insurance Company of North America (Allianz) does not provide financial planning services.This content is for general educational purposes only. It is not intended to provide fiduciary, tax, or legal advice and cannot be used to avoid tax penalties; nor is it intended to market, promote, or recommend any tax plan or arrangement. Allianz Life Insurance Company of North America, its affiliates, and their employees and representatives do not give legal or tax advice or advice related to Social Security or Medicare. Customers are encouraged to consult with their own legal, tax, and financial professionals for specific advice or product recommendations, or the Social Security Administration (SSA) office for their particular situation.Diversification does not ensure a profit or protect against loss.Guarantees are backed by the financial strength and claims-paying ability of Allianz Life Insurance Company of North America. Registered index-linked annuity (RILA) guarantees do not apply to the performance of the variable subaccounts, which will fluctuate with market conditions.Products are issued by Allianz Life Insurance Company of North America. Registered index-linked annuities (RILAs) are distributed by its affiliate, Allianz Life Financial Services, LLC, member FINRA, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. 800.542.5427 www.allianzlife.comThis content does not apply in the state of New York.For financial professional use only – not for use with the public.

“The thing you've got to start with is what does life cost you? What does it cost to be you in this world?”   Listen in as our hosts Stephanie McCullough and Kevin Gaines tackle some big questions in this episode of Take Back Retirement, like "Do I need to go back to work after retirement or a divorce?" and "What kind of financial considerations should I have?" They walk through how to evaluate your life costs, not just the regular monthly expenses, but those that come up less frequently, like holidays, vacations, and any extra costs that come with having children or pets. They also discuss how to handle assets after a divorce, the different types of assets, tax implications, and the importance of planning for the future.   Stephanie and Kevin examine figuring out how much you can safely withdraw from your investments or savings if you need to supplement your income. They shed light on the 4% rule, which suggests that you should not withdraw more than 4% of the balance of your account each year. Plus, they discuss possible ways to reduce expenses and the importance of having a plan ahead of time. This episode is packed with valuable insights and practical advice, don't miss out!     Key Topics: Intro: How to Decide Whether to Go Back to Work After Divorce (02:10) It's Not Solely a Financial Question (03:32) How Much Does Life Cost You? Looking at Spending (06:56) Looking at the Income Side of the Equation (11:42) Retirement Savings and Investment Spending Strategies (17:46) Making That Money…Pulling in Some Income (25:18) Wrap-Up (32:48)     Resources: Organizations that support women returning to the workforce: https://betterbalancelife.com/ https://www.irelaunch.com/ https://womenbacktowork.org/ https://theriveter.co/voice/best-websites-for-moms-reentering-workforce/ Related Take Back Retirement Episodes: How Do We Reduce Financial Anxiety? with Lindsay Bryan-Podvin, Financial Therapist You Want to Retire Before Age 65? Here's What You Need to Know Retire on Your Own Terms – Or Don't! What Women Need to Know About IRA's, with Sarah Brenner Women + Roth IRA's – What Should You Be Aware Of?     If you like what you've been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. stephanie@sofiafinancial.com   You can find the transcript and more information about this episode at www.takebackretirement.com.   Follow Stephanie on Twitter, Facebook, YouTube and LinkedIn.  Follow Kevin on Twitter, Facebook, YouTube and LinkedIn.

You want to retire soon. What is the best way to set up your retirement income to give you the maximum income that will reliably last the rest of your life? Many financial planners have come up with 5 rules of thumb when it comes to retiring. They appear to be common sense and are usually accepted without question. However, are they really good advice? In my latest podcast episode, you'll find out: The 5 rules of “conventional wisdom”. Advice typically given to seniors. Ed's analysis of these rules after studying 146 years of investment history. Ed's rules of thumb that he personally recommends to his clients. How to use the 4% rule depending on your investments. How to properly set up your portfolio and manage your income when you retire.  

In today's podcast we cover three topics: The 4% Rule: Just how realistic is the 4% rule for most retirees? I have my doubts, and will briefly discuss an alternative called the Spend Safely in Retirement Strategy. Financial Planning Tools: We'll look at three of my favorite financial planning tools. Finally, we'll cover what I think is an optimal credit card rewards strategy. FICalcApp: https://ficalc.app/ 2% Cash Back Credit Cards: https://www.allcards.com/best-2-cash-back-credit-cards/ Empower: https://go.robberger.com/empower/yt-dr367 ProjectionLab: https://go.robberger.com/projectionlab/yt-dr367 New Retirement: https://go.robberger.com/new-retirement/yt-dr367 Spend Safely in Retirement Strategy Video: https://www.youtube.com/watch?v=aZJCHkvwvAU ProjectLab Video Review: https://www.youtube.com/watch?v=k0iEIfMxBEc New Retirement Video Review: https://www.youtube.com/watch?v=Ne56mF2xMeE&ab_channel=RobBerger Empower Video Review: https://www.youtube.com/watch?v=Ta3s61BJk1w&ab_channel=RobBerger ------------------------------------------------------------------------------------------------- The Dough Roller Money Podcast is a finance podcast for easy-to-understand advice on managing your money. How to make it, give it, save it, spend it, and invest it in a way that puts you in control of your money and makes it work for you. This fun, relatable and honest podcast shoots straight and helps people understand the big picture as well as the nuances of owning your finances. From retirement planning, best practices for saving, paying off debt, smart investing and so much more. You don't have to be a financial expert to listen, but you can become one! Make sure you SUBSCRIBE so you won't miss any of our upcoming episodes! ➡️ https://bit.ly/DoughRollerYouTube #personalfinance #financetips #moneytips #financialliteracy #moneypodcast DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions. AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning I earn a commission if you click through and make a purchase and/or subscribe. However, I only recommend products or services that (1) I believe in and (2) would recommend to my own mom.

So you have your retirement plan, now what?   In this episode, Jeremy Finger goes over some of the important things to think about when it comes to generating income and retirement to help you make the next right decision.   Jeremy discusses:   Why calculating your longevity is so important when making retirement decisions Why the 4% rule doesn't work and how dynamic withdrawals can better suit your lifestyle Why who you spend your time with matters more than what you spend your time doing Why retirees need at least 12 months of emergency cash How to take money out of your retirement accounts in a tax-efficient way And more   Resources   What You Need To Start Preparing For At Age 50 (Ep.17) Tax Planning For Retirement (Ep.10) How To Be Tax Efficient In Retirement (Ep.11)   Connect with Riverbend Wealth Management:   Riverbend Wealth Management 15 Minute Phone Appointment LinkedIn: Jeremy Finger Facebook: Jeremy Finger Riverbend Wealth Management Twitter: Jeremy Finger Jeremy@Riverbendwm.com Call: (843) 970-1049  

Kelley looks at the situation in the banking sector in explaining the root causes and possible effects.  She also discusses protective strategies regarding this and the other financial challenges we face.  She covers regrets that many retirees have and how to avoid them and he clears up misconceptions in the retirement arena in areas such as Social Security, annuities, taxes, and the 4% rule. You can reach Kelley Slaught by calling 800-810-8060. California Wealth AdvisorsSee omnystudio.com/listener for privacy information.

Marty looks at the situation in the banking sector in explaining the root causes and possible effects.  He also discusses protective strategies regarding this and the other financial challenges we face.  He covers regrets that many retirees have and how to avoid them and he clears up misconceptions in the retirement arena in areas such as Social Security, annuities, taxes, and the 4% rule. You can reach Marty Nevel by calling 888-519-9096. Smart Money SolutionsSee omnystudio.com/listener for privacy information.

We're back to the digital mailbag to answer your questions!For this week:Are new investors part of an “unlucky cohort” that won't achieve financial independence in the often-cited timelines?Is it worth it to hire a tax professional? And if so, how should I find one?Can you help me understand all these confusing public sector retirement accounts?Should I do a Roth conversion now or just make a contribution to a Roth IRA?Thoughts on the recent bank runs and instability in financial marketsSo much more! Support this project: Buy Me a CoffeeSubscribe to the website: SUBSCRIBE ME!Show Notes and Links at Clippingchains.com Q1: Are new investors part of an “unlucky cohort” that won't achieve FI in the often-cited timelines? (00:05:52) Q2: Is it worth it to hire a tax professional? And if so, how should I find one? (00:16:40) Q3: Can you help me understand all these confusing public sector retirement accounts? (00:21:48) Q4: Should I do a Roth conversion now or just make a contribution to a Roth IRA? (00:25:36) Q5: Thoughts on the recent bank runs and instability in financial markets. (00:31:40)

A reminder of how early retirement works:You know your math. You know what it costs to live for a year, your net worth, and other key future financial needs.  You save up enough money to fund the rest of your life.  You really need compound interest at work to do this effectively. We talk through the 4% rule or 25X rule, end-of-life planning spreadsheet and concept, and more.You keep your cost of living low.  This might include getting debt-free.The different levers that could be available for income during early retirement:CashDeferred compensation programsInvestment income - selling off investments, dividends, etc. Passive income/side hustles - rental property income, a new hustle you start, selling off a rental propertyHSAsMore advanced techniques to get to your retirement funds early - e.g. Roth IRA 5-year ladder conversionsPart-time or full-time work - You can always go back to work!  This might be your backup plan, your parachute cord, or perhaps a new passion you discover and are excited to do.  Generally speaking, though, you need to make sure that you'll have enough cash every year to cover your living expenses until you're 59.6 and your retirement funds kick-in.How you plan your withdrawal strategy for early retirement:It depends is the real answer.  It's going to be different for everyone based on the reality of their portfolio and their goals. We share high-level how Maggie and Greg are funding their early retirement.  What should you do?  Have a plan, understand the levers, and consult with someone if needed.To early retire, meaning before 59.5 in our definition, you'll need to have income + safe withdrawals of taxable accounts. So if you need $100K a year, you need to find a way to generate that cash. Having passive or some active income makes things infinitely easier and less risk. You'll need to plot it out though: If I have $1M of taxable assets and that grows at 5% a year, if I withdrawn $110K a year for 10 years, you'd basically eat up most of that and then could start using your retirement accounts.How specifically do I start withdrawing money?  We discuss short and long-term capital gains and other factors you'd want to consider. We also briefly discuss how these withdrawal strategies change for 60+.Top 3 Takeaways:There are a bunch of different ways to fund and structure early retirement.Make a general plan for how you plan to do yours.Understand the principles Know that you'll need to adjust and pivot your plan over time.References:Friends on FIRE podcast #004 - Spending Less – Pillar #1Friends on FIRE podcast #005 - Growing Wealth – Pillar #2Friends on FIRE podcast #006 - Finding Freedom – Pillar #3Mike's Book: Your New Relationship with MoneyFriends on FIRE podcast #112 - How to know if you are FIFriends on FIRE podcast #096 - Freedom is the ultimate financial goal, not retirementFriends on FIRE podcast #059 - The amazing tax benefits of FSAs, HSAs, and DCAsFriends on FIRE podcast #138 - How a family of 5 can afford to retire at 41 and 43 (part 2 of 5)https://cfiresim.com/Social Security Administration website---Follow friends on FIRETwitterInstagramFacebookLinkedInLeave us a voicemail or text us: 404-981-3370eMail us at:  friendsonfiremm@gmail.comVisit our website: www.friendsonfire.org---Other LinksMaggie's Blog: Mostly Minimal LifeMike's Book: Your New Relationship with Money

Bill Bengen - creator of the 4% rule of thumb - answers audience questions.  Show NotesBogleheads® Live with Colleen Jaconetti: Episode 26Exploring the Retirement Consumption PuzzleJohn C. Bogle Center for Financial LiteracyBogleheads® ForumBogleheads® WikiBogleheads® RedditBogleheads® FacebookBogleheads® TwitterBogleheads® on Investing podcastBogleheads® YouTube Bogleheads® Local ChaptersBogleheads® Virtual Online ChaptersBogleheads® on Investing PodcastBogleheads® ConferencesBogleheads® BooksThe John C. Bogle Center for Financial Literacy is a 501(c)3 nonprofit organization. At Boglecenter.net, your tax-deductible donations are greatly appreciated. 

Kelley covers the approach you should take regarding tax strategies in retirement.  This includes connecting taxing with outflow as well as income, spending down traditional IRAs, and the consideration of Roth conversions and contributions.  She offers good spending habits to help stretch your retirement budget and then warns against advice from non-professionals. You can reach Kelley Slaught by calling 800-838-8060. California Wealth Advisors  See omnystudio.com/listener for privacy information.

Joe and Big Al discuss LIRPs, or life insurance retirement plans, they spitball whether to take full pension survivor benefits or buy a life insurance policy, and whether to sell losing stocks for even bigger losers to take advantage of the 0% capital gains tax bracket. Plus, zero coupon municipal bonds and the de minimis rule, and target date funds as part of Paul Merriman's Two Funds for Life strategy. Finally, how do dividends figure into the 4% rule for retirement withdrawals, and should that 4% come from stocks or bonds? Show notes, free financial resources, transcript, Ask Joe & Big Al On Air: https://bizlink.to/ymyw-405

The 4% rule suggests that a retiree who withdraws no more than 4% of their portfolio each year could have provided for a 30-year retirement window during most historical retirement windows. And that is true! The problem is that the FIRE community, however, perpetuates at least two misconceptions when discussing the 4% rule. Today, we address those common misconceptions about utilizing investment income. And, most importantly, we discuss how to use a flexible withdrawal strategy to weather bear markets and/or reduced future returns. Support this project: Buy Me a CoffeeSubscribe to the website: SUBSCRIBE ME!Show Notes and Links at Clippingchains.com

Will you have enough money in retirement? In fact, you're more likely to grow your wealth in retirement than run out of money. In this episode, Kevin Mahoney, CFP®, who specializes in college financial planning for Millennial parents, discusses money management in retirement. In particular, he reviews data showing that your spending is most likely to decline as you get older. In addition, the worst-case financial scenario that you may fear in retirement probably won't happen. Instead, Kevin will encourage you to focus on what you can control: investing consistently over an extended period of time. And he'll emphasize that, while you're doing so, you may want to allow yourself the possibility that compounding growth may actually make money management in retirement easier than you currently assume. Welcome to Financially Well, the finance podcast for Millennials.

In this episode, Cash Flow King discusses the 4% rule - what it is, how it works, and how it may fit into your overall retirement income plan.

A continuation of the previous episode “The 4% Rule”, Chris & Pacific Life Chartered Retirement Planning Counselor, Kristen McGarry, dive deeper into its simplicity, meaning, & uses for long term retirement income planning.

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Learn what the 4% rule is and how it is a helpful guideline for planning for your retirement.

Since the 1980s, the 4% Rule stated that you could safely withdraw 4% of your portfolio every year, and have a successful 30 year retirement.   But much has changed in the last TWO years, never mind the last 40.Today, Vince Oldre of CFG Retirement looks at this rule.   Morningstar thinks the 4% rule should now be more like 3.3%, a significant difference in annual income.  But Vince digs a little deeper.  The old rule was based on a 60-40 stock bond mix.  As we discussed in a previous episode, that model is also outdated.  We go under the hood to talk about how you can calibrate different sources of income to get to a withdrawal rate that will work for you in retirement.Additional Resources:CNBC article on the 4% rule: https://www.cnbc.com/2021/11/11/the-4percent-rule-a-popular-retirement-income-strategy-may-be-outdated.htmlCFG Retirement Website: https://cfgretirement.com/CFG Retirement Phone Number to Call: 952-657-7470CFG Retirement TEXT line: 612-448-3243Vince email: vince@cfgretirement.com

The round peg & the square hole the concept of amassing liquid capital and saving, living frugally, and having a nest egg as some magical method for a life of leisure, quitting the 9-5 workforce and retiring, seems to be the dream sold to all of us by the financial services industry. But it doesnt work in a world of inflation, out of control govt spending and an economy that only survives based on consumption. Yet this is the continual debate on whether this method works, particularly for those in the FIRE community.

The round peg & the square hole the concept of amassing liquid capital and saving, living frugally, and having a nest egg as some magical method for a life of leisure, quitting the 9-5 workforce and retiring, seems to be the dream sold to all of us by the financial services industry. But it doesnt work in a world of inflation, out of control govt spending and an economy that only survives based on consumption. Yet this is the continual debate on whether this method works, particularly for those in the FIRE community.

The round peg & the square hole the concept of amassing liquid capital and saving, living frugally, and having a nest egg as some magical method for a life of leisure, quitting the 9-5 workforce and retiring, seems to be the dream sold to all of us by the financial services industry. But it doesnt work in a world of inflation, out of control govt spending and an economy that only survives based on consumption. Yet this is the continual debate on whether this method works, particularly for those in the FIRE community.

The round peg & the square hole the concept of amassing liquid capital and saving, living frugally, and having a nest egg as some magical method for a life of leisure, quitting the 9-5 workforce and retiring, seems to be the dream sold to all of us by the financial services industry. But it doesnt work in a world of inflation, out of control govt spending and an economy that only survives based on consumption. Yet this is the continual debate on whether this method works, particularly for those in the FIRE community.

The round peg & the square hole the concept of amassing liquid capital and saving, living frugally, and having a nest egg as some magical method for a life of leisure, quitting the 9-5 workforce and retiring, seems to be the dream sold to all of us by the financial services industry. But it doesnt work in a world of inflation, out of control govt spending and an economy that only survives based on consumption. Yet this is the continual debate on whether this method works, particularly for those in the FIRE community.

The round peg & the square hole the concept of amassing liquid capital and saving, living frugally, and having a nest egg as some magical method for a life of leisure, quitting the 9-5 workforce and retiring, seems to be the dream sold to all of us by the financial services industry. But it doesnt work in a world of inflation, out of control govt spending and an economy that only survives based on consumption. Yet this is the continual debate on whether this method works, particularly for those in the FIRE community.

The round peg & the square hole the concept of amassing liquid capital and saving, living frugally, and having a nest egg as some magical method for a life of leisure, quitting the 9-5 workforce and retiring, seems to be the dream sold to all of us by the financial services industry. But it doesnt work in a world of inflation, out of control govt spending and an economy that only survives based on consumption. Yet this is the continual debate on whether this method works, particularly for those in the FIRE community.

The round peg & the square hole the concept of amassing liquid capital and saving, living frugally, and having a nest egg as some magical method for a life of leisure, quitting the 9-5 workforce and retiring, seems to be the dream sold to all of us by the financial services industry. But it doesnt work in a world of inflation, out of control govt spending and an economy that only survives based on consumption. Yet this is the continual debate on whether this method works, particularly for those in the FIRE community.

The round peg & the square hole the concept of amassing liquid capital and saving, living frugally, and having a nest egg as some magical method for a life of leisure, quitting the 9-5 workforce and retiring, seems to be the dream sold to all of us by the financial services industry. But it doesnt work in a world of inflation, out of control govt spending and an economy that only survives based on consumption. Yet this is the continual debate on whether this method works, particularly for those in the FIRE community.

The round peg & the square hole the concept of amassing liquid capital and saving, living frugally, and having a nest egg as some magical method for a life of leisure, quitting the 9-5 workforce and retiring, seems to be the dream sold to all of us by the financial services industry. But it doesnt work in a world of inflation, out of control govt spending and an economy that only survives based on consumption. Yet this is the continual debate on whether this method works, particularly for those in the FIRE community.

The round peg & the square hole the concept of amassing liquid capital and saving, living frugally, and having a nest egg as some magical method for a life of leisure, quitting the 9-5 workforce and retiring, seems to be the dream sold to all of us by the financial services industry. But it doesnt work in a world of inflation, out of control govt spending and an economy that only survives based on consumption. Yet this is the continual debate on whether this method works, particularly for those in the FIRE community.

The round peg & the square hole the concept of amassing liquid capital and saving, living frugally, and having a nest egg as some magical method for a life of leisure, quitting the 9-5 workforce and retiring, seems to be the dream sold to all of us by the financial services industry. But it doesnt work in a world of inflation, out of control govt spending and an economy that only survives based on consumption. Yet this is the continual debate on whether this method works, particularly for those in the FIRE community.

The round peg & the square hole the concept of amassing liquid capital and saving, living frugally, and having a nest egg as some magical method for a life of leisure, quitting the 9-5 workforce and retiring, seems to be the dream sold to all of us by the financial services industry. But it doesnt work in a world of inflation, out of control govt spending and an economy that only survives based on consumption. Yet this is the continual debate on whether this method works, particularly for those in the FIRE community.

The round peg & the square hole the concept of amassing liquid capital and saving, living frugally, and having a nest egg as some magical method for a life of leisure, quitting the 9-5 workforce and retiring, seems to be the dream sold to all of us by the financial services industry. But it doesnt work in a world of inflation, out of control govt spending and an economy that only survives based on consumption. Yet this is the continual debate on whether this method works, particularly for those in the FIRE community.

The round peg & the square hole the concept of amassing liquid capital and saving, living frugally, and having a nest egg as some magical method for a life of leisure, quitting the 9-5 workforce and retiring, seems to be the dream sold to all of us by the financial services industry. But it doesnt work in a world of inflation, out of control govt spending and an economy that only survives based on consumption. Yet this is the continual debate on whether this method works, particularly for those in the FIRE community.

The round peg & the square hole the concept of amassing liquid capital and saving, living frugally, and having a nest egg as some magical method for a life of leisure, quitting the 9-5 workforce and retiring, seems to be the dream sold to all of us by the financial services industry. But it doesnt work in a world of inflation, out of control govt spending and an economy that only survives based on consumption. Yet this is the continual debate on whether this method works, particularly for those in the FIRE community.

The round peg & the square hole the concept of amassing liquid capital and saving, living frugally, and having a nest egg as some magical method for a life of leisure, quitting the 9-5 workforce and retiring, seems to be the dream sold to all of us by the financial services industry. But it doesnt work in a world of inflation, out of control govt spending and an economy that only survives based on consumption. Yet this is the continual debate on whether this method works, particularly for those in the FIRE community.

The round peg & the square hole the concept of amassing liquid capital and saving, living frugally, and having a nest egg as some magical method for a life of leisure, quitting the 9-5 workforce and retiring, seems to be the dream sold to all of us by the financial services industry. But it doesnt work in a world of inflation, out of control govt spending and an economy that only survives based on consumption. Yet this is the continual debate on whether this method works, particularly for those in the FIRE community.

The round peg & the square hole the concept of amassing liquid capital and saving, living frugally, and having a nest egg as some magical method for a life of leisure, quitting the 9-5 workforce and retiring, seems to be the dream sold to all of us by the financial services industry. But it doesnt work in a world of inflation, out of control govt spending and an economy that only survives based on consumption. Yet this is the continual debate on whether this method works, particularly for those in the FIRE community.

What are retirement strategies that are somewhat outdated today?  Kelley covers how we should approach mainstays such as the 60/40 split, the 4% rule, and a heavy concentration on dividend stocks.  She also discusses some retirement changes on the horizon for 2022 and warns of the potential risks such as longevity, sequence of returns, and long-term care. You can reach Kelley at 800-810-8060. California Wealth Advisors See omnystudio.com/listener for privacy information.

Christine Benz from Morningstar argues that the tried and true 4% rule may no longer be effective. We share some alternatives means for creating income from portfolio.FOUND: 179 old Talking Real Money podcasts. We will have created 1,000 podcasts this year.Then, listeners ask:How to both pick funds in 401k and find information on institutional funds?Does an "advisor's" recommendation of expensive, illiquid funds make sense?What's the proper allocation for an IRA?Should a $500k 457 be converted to a Roth IRA?

What are retirement strategies that are somewhat outdated today?  Paul covers how we should approach mainstays such as the 60/40 split, the 4% rule, and a heavy concentration on dividend stocks.  He also discusses some retirement changes on the horizon for 2022 and warns of the potential risks such as longevity, sequence of returns, and long-term care.  You can reach Paul Roberts by calling 800-891-8680. Roberts Wealth Management See omnystudio.com/listener for privacy information.

What are retirement strategies that are somewhat outdated today?  Marty covers how we should approach mainstays such as the 60/40 split, the 4% rule, and a heavy concentration on dividend stocks.  He also covers some retirement changes on the horizon for 2022 and warns of the potential risks such as longevity, sequence of returns, and long-term care. You can reach Marty Nevel by calling 888-519-9096 See omnystudio.com/listener for privacy information.

What are retirement strategies that are somewhat outdated today?  Ben Heizer covers how we should approach mainstays such as the 60/40 split, the 4% rule, and a heavy concentration on dividend stocks.  He also covers some retirement changes on the horizon for 2022 and warns of the potential risks such as longevity, sequence of returns, and long-term care.  There are solutions and they're discussed here. You can reach Ben Heizer by calling 800-491-9401 or by visiting the website below. Heizer Financial GroupSee omnystudio.com/listener for privacy information.

In this podcast episode, we take a dive on how to spend retirement money early, how to live off investment income, recommended index funds, life on the road, climbing with a significant other who doesn't partake, taxes, spot-on recession predictions, and so much more! Previous Q&A PostsYour Questions Answered: Volume OneYour Questions Answered: Volume Two(01:55) Q1: What is your favorite coffee? 13,000+ happy customers can't be wrong. (Affiliate link below)Aeropress espresso(03:05) Q2: How Do I Spend Retirement Money Early? The Bold and Beautiful Roth Conversion Ladder(12:29) Q3: How is the 4% Rule extended over a long retirement horizon? Keeping the “Safe” in Safe Withdrawal RateFive Ways to Recession-Proof Your LifeThe Long Approach to Being Scared of Investing(20:00) Q4: Is financial independence working for us? (21:35) Q5: How do I handle health insurance? Is Healthcare Insurance About to Get a Lot More Expensive?!Some Fantastic News on Healthcare CostsHow to Have Negative Health Insurance Costs(24:14) Q6: What are some recommended index funds for the long-term investor? The CC Family Investing Strategy, Part 1: Philosophy and Asset AllocationThe CC Family Investing Strategy, Part 2: Where Exactly Is Our Money?(30:30) Q7: Can you maintain a sense of community on the road? The Simple and Complicated Life on the Road(32:54) Q8: The FIRE life with a significant other who doesn't climb. (37:30) Q9: What was it like to transition out of full-time work? BREAKING: I (Sort Of) Quit My JobA Winter in Sicily, Part 1: San Vito Lo CapoWhen Being a One-Car Household Really SucksThe Fallacy of Happiness and Meaningful WorkSelling Our House: On the Road, Pandemic EditionSix Lessons From a Year Without a JobLately: Is Hope Really in the Air?Six Important Reasons Not to Retire Early(43:24) Q10: What are the long-term impacts of climate change on financial markets? Sustainable Investing: Five Important Considerations(46:26) Q11: Can I get a yellow curry, #4 spicy? US Thai Cafe(47:39) Q12: How can I get into a lower tax bracket, and should I? EP 5: Diana Crabtree Green: Pay Yourself First(52:14) Q13: What is your prediction on when the next recession is coming? Five Ways to Recession-Proof Your LifeYou Know a Recession is Coming, Right?I Have Cash! Is Now a Bad Time to Invest?!Shocking Headlines of the 2008 Financial Crisis (And Why They Are So Important Now)There's No Way I'm Investing in this Economy!The Simple Systems to Kicking Monetary Ass(57:42) Q14: What is your truck gas mileage with and without your camper in tow? Ask More QuestionsContact Page

This week we present a 2021 article written by Dr. Paulo Costa, a PhD in economics from Harvard University with a BA in economics from Yale. He provides a current analysis of the 4% rule for FIRE. The 4% rule has assumptions built into it that may not make very-early retirements viable. Good news is there are things you can do to increase your chance of success by focusing on more generalized international funds with Vanguard and adjusting your withdrawal rate (link below).  https://investornews.vanguard/fueling-the-fire-movement-updating-the-4-rule-for-early-retirees/ We'd love to share your progress towards FI! Reach out to us at:  www.thegoldcrownpodcast.com thegolcrownpodcast@gmail.com    

We start by reading a couple of listener questions on how much is enough to retire and what you need to consider yourself financially independent or work optional.  The answer to these questions isn't necessarily hard to figure out, but it's super specific to the individual, making general advice and rules less useful.Financial advisors will help you determine financial independence by income replacement. If you make $100K and live off that, you should need $100K in retirement and you'll be ok. But this is because they don't know your expenses or your desired lifestyle. So you might be working towards retirement at 65, where you can earn $100K, and you only need $50K. Then you've worked way too long.The traditional FI definition, as decided by the FIRE community, is the 4% rule. Said another way, 25X your spending. So if you have 25X your spending, you can withdraw 4% each year and never outlive your money. So if you spend $50K, your FI number is $1.25M. $100K and you need $2.5M. You could put that into an index fund, and you're good to go.  This could be the case for someone, but let's break this down a bit:Benefits: It's simple. It's a great guidepost to help you gauge progress. It provides structure to how to manage your money by automating it to a degree.Drawbacks:Having an accessible portfolio of 25X your expenses for many people means choosing taxable accounts vs. retirement accounts, paying down a mortgage, etc.  This approach would incentivize you not to pay down your mortgage, which we think is a great idea.It doesn't encourage you to diversify into other investment classes like rental properties.It may not actually work over a very long period of time. If you're just barely at the FI number, there's no room for error. A couple of years of negative returns, a big medical expense, or needing to help aging parents, and you'd need to make a change.  Vanguard did a study showing the 4% rules probability of success, and as you'd imagine, it's a higher probability of success the older you are.  So how do you know you're ready? What's a better plan? The 4% rule, in our opinion, let's you know when you're ready to start planning.  For example, if you spend $50K a year and your FI number is $1.25M, then when you reach that, then you can start your planning. So this is the bare minimum you'll need to help you avoid running out of money.Everyone's situation is unique, but let's look at how this works: what will your expenses look like for the next 5 years, 10 years, etc.?  Will you own a home or rent or travel? Will your kids go to college? How's your health? Once you estimate these expenses, you can look at your cash flow.The listener wanted a checklist: “if you have this, this, and this, you are good to go!”Is your net worth at least 25X your spending?Are you able to live off passive income or non-retirement account withdrawals before reaching age 60 without depleting them?And then at age 60, are your accounts large enough to meet 4% withdrawals?Are you comfortable pulling from your 401k doing a conversion ladder?  This matters because your 401k is in your 25x math.What's your level of comfort with the risk and the idea of going back to work?  One of my favorite reminders is that your worst-case scenario is everyone else's every day.  What would a super-strong early retirement look like?Retirement accounts that are already 25X your spending, meaning that if you were to deplete all other resources by age 60, you'd have much more than 25X ready to go.Getting your cost of living low, for example, paying off your mortgage.Passive income to cover your living expenses or the majority of your living expenses prior to tapping into retirement accounts. This can be taxable accounts or rental income, for example.The 4% is more of a guideline to let you know if you can start planning to retire. Barely meeting it is pretty risky over the long term unless you're prepared to go back to work. All this said, pursue the life that makes you happy. If you want to stop working and can accept some risk, go for it. You'll figure things out.  Top 3 takeaways:The 4% rule means you have 25X your savings and have reached a traditional definition of FI.Use it as a starting point, not a final goal.Plan for more than you think you need. You never know what the future holds.Show references:Article with Vanguard study: The FIRE movement confronts the 4% ruleFriends on FIRE episode #90 - Why you don't need a financial planner2021 Financial Checklist at friends on FIRE etsy store for $32021 financial checklist available on friends on FIRE website for freeNet worth tracking spreadsheetExpense tracking spreadsheetFriends on FIRE episode #27 - Why Tracking Net Worth MattersFriends on FIRE episode #15 - Expense Tracking Gone Wild---Follow friends on FIRETwitterInstagramFacebookLinkedInLeave us a voicemail or text us: 404-981-3370eMail us at:  friendsonfiremm@gmail.comVisit our website: www.friendsonfire.orgfriends on FIRE etsy store---Other LinksMaggie's Blog: Mostly Minimal LifeMike's Book: Your New Relationship with Money

In this episode we revisit our foundational PoFU credo and and discuss the most common question from many financial planners, "What's your number?" We debate the pros and cons of a cash flow retirement model vs a stock portfolio model (and the 4% rule). 

For years and years, the 4% withdrawal strategy has worked for investors looking for income from their investments. With interest rates still near historic lows, does the 4% rule still work?

This week Nonix present the episode forty eight of Oxygen Radio ! Subcribe now for the next episode next week This episode including the new tracks of Mirtonik, George Z, Henry Himself, Antoine Delvig, Denzell, 4Rule, Bassjackers, ANG and many more Good listening and see you next week ! Tracklist :  1. Mirtonik - Like That  2. Vidojean X Oliver Loenn Vs. Eleonor Leone - Wolf  3. George Z - Lose My Mind 4. FFlora & SUBB - Look At The Sky 5. NØ SIGNE - Closer  6. Henry Himself - LIAR 7. Evermore - It's Too Late (Monamour Remix) 8. Joel Corry x RAYE x David Guetta - BED (Joel Corry VIP Mix)  9. Jon Thomas - Sweet Dreams (D'Amico & Valax Remix) 10. Noah Ayrton & Boges - Rhythm  11. JVSTIZ & Musata - I Got You 12. Sebastian Mateo & Dj St3v3 - Hypnotized [TUNE OF THE WEEK] 13. Antoine Delvig - Rolling Down 14. Denzell & 4Rule - Generations 15. ATB x Topic x A7S - Your Love (9PM) (Tiësto Remix) 16. Patrick Moreno & Prince China - Break It Down 17. R3spawn - Beat Of My Heart 18. Jamis, Dubrush ft. Malvar - Mama Mia 19. Bassjackers x ANG - Snake Whisperer 

Most people think that a Mutual Fund is one of the best options to use when retiring but not totally aware of its limitations. FIRE method is one of the most important things that everyone should understand as this term seems to be not familiar to a lot of people. This episode, Chris Miles talks about the FIRE method and what's missing from it, and also the information that you need in order to make right decisions. Learnings From This Episode: What is the FIRE Method and How it Works for People's RetirementTwo Main Problems of the FIRE MethodThe 4% Rule and 2% Rule in RetirementHow Returns are Being Calculated on Mutual FundsDisadvantages of Investing in Mutual FundsImpacts of Inflation on Mutual Funds Chris Miles, the "Anti-Financial Advisor," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He's an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results. http://moneyripples.com/https://www.facebook.com/moneyrippleshttps://www.youtube.com/channel/UCJS6bPY8sm53pkjiCSuBKMA

Most people think that a Mutual Fund is one of the best options to use when retiring but not totally aware of its limitations. FIRE method is one of the most important things that everyone should understand as this term seems to be not familiar to a lot of people. This episode, Chris Miles talks about the FIRE method and what's missing from it, and also the information that you need in order to make right decisions. Learnings From This Episode: What is the FIRE Method and How it Works for People's RetirementTwo Main Problems of the FIRE MethodThe 4% Rule and 2% Rule in RetirementHow Returns are Being Calculated on Mutual FundsDisadvantages of Investing in Mutual FundsImpacts of Inflation on Mutual Funds Chris Miles, the "Anti-Financial Advisor," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He's an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results. http://moneyripples.com/https://www.facebook.com/moneyrippleshttps://www.youtube.com/channel/UCJS6bPY8sm53pkjiCSuBKMA

After one tumultuous 2020, we’re bound and determined to have a positive year in 2021. No matter what comes our way, let’s keep taking steps to build a strong financial plan. To help you do that, we’ve laid out four planning items that should be on everyone’s list.   Read more and get additional financial resources here: https://johnsonbrunetti.com/podcast-episode-184-planning-items-to-put-on-your-list-for-2021/    What we discuss on this episode:  2:49 – Understanding new legislation 5:57 – The SECURE Act  9:28 – Adjusting to new income levels  12:56 – Assess your overall retirement health 16:18 –  Mailbag question about leaving money behind to kids  19:11 – Giving your children a better financial opportunity 21:01 – Mailbag question about the 4% rule 22:56 – Mailbag question about severance packages and leaving work early. 

Budgets, like diets, don't often work! They are restrictive and not always designed to let you live your best life. Patti and her Chief Planning Officer, Eric Fuhrman, discuss some easy, less constrictive ways to save money and allocate it in a way that might help the listener reach their goals faster than ever imagined.

Tom considers how you can have just enough money for the rest of your life:How can you create a plan for income that last as long as you do?How much will you need to retire comfortably?How should you invest in retirement?How can you maximize your withdrawal strategy?

Welcome back to the highlight of your weekend; this is GM & Friends. GUESTMIXES ARE BACK! This week we have an extraordinary guest mix from Whispers and 4Rule to celebrate their latest release on... Welcome to the soundtrack of your weekend. This is GM & Friends. The latest in Tech, Electro, and Progressive House. The highlight of your weekend starts now.

Bill Bengen is the former owner of Bengen Financial Services, an independent RIA based out of Southern California that oversaw nearly $50 million of assets under management for 80 affluent retirees. That’s not all Bill is known for though—in fact, he is the father of the “4% rule” and the safe withdrawal rate research, which was published in a series of studies in the Journal of Financial Planning and put into practice with his own clients. Listen in as Bill describes how he first developed his 4% safe withdrawal rate research, how he started this research to get away from the rules of thumb that were popular at the time, and how, ironically, his research became a rule of thumb itself. He’ll also share why he actually used a withdrawal rate of 4.5% with his own clients, why a safe withdrawal rate today could be as high as 5%, and why he ultimately made the decision to retire and sell his firm. For show notes and more visit: https://www.kitces.com/198

https://vimeo.com/434042945/2aed376d2b This week, Ford talks with Jose Perez, an economist and President of Target Market Trends, Inc. Jose is an immigrant from Cuba, who came to the U.S. at age 12. He'll share some information about his background and he will talk with Ford about current events and what he thinks the future looks like. [...]

1. Sansixto & Abel Ramos - My Church (Original Mix) 2. Kryder & Tom Staar ft. EBSON - Waiting On My Love (Extended Mix) 3. HÄWK ft. Amy Miyú - I Got It (Extended Mix) 4. Arno Cost & Norman Doray - One Night (Extended Mix) 5. Sophia Essél & DaniCW - My Love (Extended Edit) 6. Amyntas & Reventon - Dolla Bills (Extended Mix) 7. DLMT - Elevate (Extended Mix) 8. Laurent Wolf ft. Eric Carter - No Stress (Rivas Remix) 9. Chocolate Puma ft. Chateau - Up (Extended Mix) 10. Firebeatz - Sinfonia Della Notte (Extended Mix) 11. Jookidd - Change (Extended Mix) 12. Mick Mazoo - Hold Me Down (Extended Mix) 13. Corrupt - Work (Club Mix) 14. Alyx Ander - Can’t You See (Extended Mix) 15. Tourist Mode - Rockin’ (Extended Mix) 16. Breathe Carolina - That’s My Music (Extended Mix) 17. Rave Republic & Justin Prime - Lionheart (Club Mix) 18. 4Rule, TNY & LUQ, Tom Booth - Do It (Extended Mix) 19. Bingo Players & Oomloud - Brighter Days (Extended Mix)

1. Adeva - In And Out (Namara Flipside Remix) 2. Tensnake ft. Fiora - Automatic (The Aston Shuffle Remix) 3. Charmes - Groove Cycle (Extended Mix) 4. Kryder & Tom Staar ft. EBSON - Waiting On My Love (Extended Mix) 5. GAWP - Moon (Extended Mix) 6. Arno Cost & Norman Doray - One Night (Extended Mix) 7. Just Kiddin’ - Time Alone (Extended Mix) 8. Zookëper & Reebs - Good Time (Extended Mix) 9. Amyss - Want It (Extended Mix) 10. AC Slater - Stand Up (Extended Mix) 11. MOSKA - 90’s (Extended Mix) 12. Corrupt - My Body (Club Mix) 13. WbToys - Alright (Extended Mix) 14. Felguk & Almanac - Move (Extended Mix) 15. Smack x Raven & Kreyn ft. RebMoe - In My Opinion (Extended Mix) 16. Graham Swift - Hugo (Extended Mix) 17. 4Rule, TNY & LUQ & Tom Booth - Do It (Extended Mix) 18. Bingo Players x Oomloud - Brighter Days (Extended Mix)

In the first episode of our new season, we introduce the volatility buffer concept and provide guidance on how establishing the asset of the cash value in a whole life insurance policy can help you navigate volatile markets and prepare for a more secure financial future. Two of our Wealth Strategists take a deep dive into this concept, and explain how it can work for clients wishing to preserve or enhance their retirement income, while also protecting your existing assets from stock market erosion.

Don discusses:The difference between real live human and robo advice.Which income rule should you follow in retirement?Recommendation for international funds.Advisors challenged to provide fiduciary advice.

On this episode of Talking Real Money, Don and Tom talk about the recent survey showing that one in four Americans are not planning to retire. They discuss the reasons why people might say that, why this is unrealistic, and then uncover some of the real reasons behind this assertion. The truth is, not retiring might not be an option for you should you face health issues due to aging and if the company you work for decides to 'move into a different direction'. They also discuss annuities and how they’ve been abused by insurance companies and advise you on what to look out for so that you can protect your best interests. Possible reasons why people want to avoid retirement and why it is unrealistic. Drastic measures if you are 60 and have failed to saved up for retirement. Why Chick-fil-a is such a successful business: it comes down to good manners! How insurance companies have warped annuities and the pitfalls they don’t discuss. Different types of annuities and when they make sense or not. The 4% guideline and how much you can take out to make your retirement money last. Vestory — https://vestory.com/ Paul Merriman — https://paulmerriman.com/ The Washington Post — https://www.washingtonpost.com/ Chick-fil-a — https://www.chick-fil-a.com/ Airstream — https://www.airstream.com/ Boeing — https://www.boeing.com/ LPL Financial — https://www.lpl.com/ Vanguard — https://about.vanguard.com/ USAA — https://www.usaa.com/ BECU — https://www.becu.org/

On the show today Tom is riding almost solo, with a small cameo by Don, talking about some scandalous real estate investment claims that have been cropping up in podcasts recently! Other than that, Tom looks at asset based insurance, global versus local market investments and smart beta. He is then joined by Kevin Grogan, co-author of Your Complete Guide to a Successful and Secure Retirement to chat about the four big threats to your retirement and the four percent rule! Asset-based, long term insurance. The deal with real estate investments. Exploitation by evangelical processes and incestuous networks. Global markets, home bias and local stock investments. Smart beta investment portfolios and why Tom is not a fan. High suicide rates during retirement. The four big threat to your retirement! How useful is the four percent rule? Financial Fysics on Amazon – https://www.amazon.com/Financial-Fysics-Money-Investing-Really/dp/1453898557 Vestory — https://vestory.com/ Vanguard — https://about.vanguard.com Your Complete Guide to a Successful and Secure Retirement — https://www.amazon.com/Complete-Guide-Successful-Secure-Retirement/dp/0857197320 Larry Swedroe — https://www.etf.com/contributors/larry-swedroe Clayton Morris — https://www.claytonmorris.com Your Retirement Quest — https://www.amazon.com/Your-Retirement-Quest-Creating-Fulfilling/dp/0981726984 Buckingham Strategic Wealth — https://buckinghamadvisor.com RisQuiz — https://vestory.com/risquiz/

While not an absolute rule by any means, the "4% Rule" (withdrawing 4% of your portfolio every year, adjusted for inflation) has been a reasonable guide for calculating retirement income from investments. However, can it still work for those who seek "Financial Independence (to) Retire Early (FIRE)?" Don crunches the numbers?

In this episode Eric Johnston, CFP and Robert Jeter, CFP discuss the importance of different aspects of taking systematic withdrawals from your investments. Retirement investing should be different than how you invested while working. They offer some additional simple steps that you can take to reduce your investment volatility, reduce market risk and market timing risk in your retirement portfolio. Check it out to see if the steps are a good match for you.

In this episode, I'm joined by Abraham Okusanya, author of a new book called Beyond The 4% Rule: The science of retirement portfolios that last a lifetime. Regular (and loyal) listeners to this podcast will remember Abraham from episode 11, back in February 2015, and more recently in episode 114, in September 2016, when we spoke about 'brainless portfolios'. Abraham is hosting a conference in London next week called The Science of Retirement, and he's just published a new book called Beyond The 4% Rule: The science of retirement portfolios that last a lifetime. Before I share our conversation with you, here's the blurb from the book, to give you some context: "Retirement income planning used to be so simple. Most people never had to worry about how to convert their retirement savings into income for the rest of their lives. Today's low annuity rates, closure of increasing numbers of defined benefit schemes and the Pension Freedoms, introduced by the UK Government in 2015, ripped up the retirement income planning rulebook. "The book confronts the challenge of how to secure a sustainable income that lasts a lifetime from your portfolio. It delves into the detail of the various withdrawal strategies, asset allocation and the unavoidable question of how long before you pop your clogs. This book helps retirees and their advisers navigate the treacherous retirement income landscape, using sound empirical evidence and practical application." The reason I wanted to chat to Abraham about his book was because we often refer to the 4% rule and it's become one of those throwaway financial rules of thumb, often mentioned without really digging into the details. As Abraham will explain in a moment, the rule is based on really robust science, but there's more to consider for individuals - in particular, the impact of fees, the underlying asset allocation and the assumption that retirement income will stay at the same level for the rest of life - spoiler alert, it doesn't!

In this episode we'll touch on a twenty year old formula which is generally accepted as the rule for spending money once you enter retirement. The formula is supposed to assure you that you will not likely outlive your money during retirement. We'll also give you some tips on how to get to that starting portfolio value. Don't miss episode 128 of The 401k Owners Manual !

There’s a great deal of information online about the “4% Rule” for retirement income. Much of the information is excellent. Some of it is flawed. It’s very challenging to work through the data in this area of research because much of it is highly technical. But, it’s worth the effort! In celebration of the 20th anniversary […]

We have a really fun question from a listener today! Essentially, it’s this: I’m 35 and I don’t like my job…I have a $1,000,000 and I want to retire but no one can agree on whether I can or not! Tune in to hear my answer–it’s probably not what you think! Links: The original Trinity […]