Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 95: Rules Gone Awry, Part 4 - The 4 Percent Rule
21 minutes Posted Mar 31, 2022 at 9:01 am.
What is the 4% rule?
Why this rule became widely adopted?
Major problems with this rule
What is the right answer?
Example of someone we've worked with
Final thoughts
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21:45
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Show notes
You've perhaps heard the 4 percent rule, that if you take 4% out of your investment account each year, you'll never outlive your money. Kevin talks about where this idea came from, and pokes some holes in this strategy in this third installment of Rules Gone Awry.
This is the fourth of a five-part series we're revisiting on Retirement Rules Gone Awry. 
 
What we discuss in this episode:
 
 
Read more and get additional financial resources here: https://www.truewealthdesign.com/podcast/