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A podcast to help you get an insider’s view of the financial world and escape common investment traps. Each week, we look at the financial news of the day and help you make sense of it so you can relax about money.
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Wednesday Dec 08, 2021
Wednesday Dec 08, 2021
Most of the financial sector is becoming convinced that the 4% rule will no longer work for investors trying to take an income in retirement. Morningstar now recommends 3.3%, others recommend even less, but the father of the 4% rule actually recommends 4.7%. So where is the disconnect? Listen along to hear how the amount you take in retirement should depend entirely on the strength of your portfolio. Later in the episode, Paul talks about year-end predictions.
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