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Is The 4% Rule Now The 3.3% Rule? Ep #50

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Content provided by Scott Newhouse. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott Newhouse or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

One of the most common retirement rules of thumb is the 4% rule, which helps guide you on how much you can take in retirement distributions without running out of money. It essentially suggests that if you have $1M in investments, you can safely withdraw $40K per year, adjusted for inflation. New research by Morningstar suggests that instead of using 4% as a guide, you should use 3.3% instead.

In this episode, I'll go into why I don't like using either percentage as a rule in your retirement and I'll tell you what to do instead.

  continue reading

103 episodes

Artwork
iconShare
 
Manage episode 312207019 series 2870433
Content provided by Scott Newhouse. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott Newhouse or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

One of the most common retirement rules of thumb is the 4% rule, which helps guide you on how much you can take in retirement distributions without running out of money. It essentially suggests that if you have $1M in investments, you can safely withdraw $40K per year, adjusted for inflation. New research by Morningstar suggests that instead of using 4% as a guide, you should use 3.3% instead.

In this episode, I'll go into why I don't like using either percentage as a rule in your retirement and I'll tell you what to do instead.

  continue reading

103 episodes

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