A lot of advice for investors that don’t work with an advisor come in the form of general rules that people can follow. While many of these rules serve a purpose and provide direction, some of them are becoming more and more outdated over time. Let’s look at four financial rules that you might have heard and tell you why it might not be a good idea to follow them anymore.   Read more and get additional financial advice here:  http://makeretirementwork.com/374/ep-4-4-financial-rules-that-might-be-outdated/    Today's show schedule:  1:12 – The 4% rule 4:31 – The 10-5-3 rule 7:07 – General rule: Move from stocks to bonds as we get older. 8:49 – The million dollar rule

– The 4% rule 4:31 – The 10-5-3 rule 7:07 – General rule: Move from stocks to bonds as we get older. 8:49 – The million dollar rule

Ep 5: Update on Loans, Rates, & the Market with Mike Jacobson

Financial and retirement planning guidance for residents of Nebraska and beyond! You’ll learn about risk, investments, 401(k)s, IRAs, rollover strategies, how to find the right advisor, Social Security and many more topics.

Your host is Marc Werkmeister, a Certified Financial Planner (CFP) with Professional Financial Advisors. They have offices in North Platte, Scottsbluff, Kearney, Lincoln, and Grand Island.

Visit MakeRetirementWork.com for more episodes and information about how Marc can help you plan for retirement. You can also call 855-202-WORK (9675).