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39: How Much Money Can You Live Off Of In Retirement? | The 4% Rule Explained
Manage episode 402790365 series 3525109
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In this episode of The Decade Investor Podcast, Kolin talks about the 4% rule for retirement & how it works. Kolin talks through the study that was done where most people cite that you are able to withdraw 4% of your entire portfolio for retirement and that money should last you 30 years. Kolin also talks about a few caveats with the 4% withdraw rule to think about since every situation is slightly different. Kolin finally shows you how to calculate the 4% rule yourself to see how much money you may need in retirement.
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