8% Safe Withdrawal Rate In Retirement? What!!
Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
English - November 30, 2023 10:02 - 28 minutes - 26.1 MB - ★★★★★ - 22 ratingsInvesting Business Careers Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: The Early Years of Retirement: Navigating Healthcare, Finances, and Tax Strategies
Next Episode: Constructing a Portfolio in Retirement
Recently, famous radio show host and personal finance guru Dave Ramsey made headlines by saying he’s perfectly comfortable with an 8% withdrawal rate in retirement. Critics were quick to respond, calling his advice scary, dangerous, and just plain wrong. So, who’s right?
On this episode, hear Tyler Emrick, CFA®, CFP®, break down Ramsey’s comments and how you should be thinking about income and spending in retirement.
Here’s some of what we discuss in this episode:
How Dave Ramsey explains his position on the 8% withdrawal rate.
Why the math might seem simple but is actually wrong.
What you need to know about Geometric and Arithmetic returns.
You can’t ignore the sequence of return risk with a 100% stock portfolio.
Is the 4% rule too depressing?
Have questions?
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