The topic of withdrawal rates in retirement has sparked a heated debate in recent times, with financial guru Dave Ramsey making controversial claims about the viability of an 8% withdrawal rate. Today, Laura Stover RFC® gets into the arguments surrounding this topic and explores the implications and impact of such a withdrawal rate. Dave Ramsey has provided valuable advice on debt management, but his stance on withdrawal rates (which you will hear) has gone viral - and not in a good way for Dave.

One of the key flaws in Mr. Ramsey's argument is his failure to distinguish between percentage returns and dollars. You’ll hear the actual numbers behind why this mistake can have major implications for your future. We’ll also break down several other assumptions he makes, that are simply not realistic.  Sequence of returns is also a major factor Dave is overlooking.

There are many types of investment strategies and vehicles that can be tailored to you, as an investor, based on your individual circumstances and risk tolerance.  It’s important to work with someone who will take a 360-degree view of your specific situation.

This week’s weekend brief featured article: https://ofdollarsanddata.com/how-safe-is-an-8-withdrawal-rate/

Podcast Episode 187, featuring a deeper dive on time segmentation. https://redefiningwealth.info/187-time-segmentation-a-smart-way-to-invest-retirement-money/

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https://podcasts.apple.com/us/podcast/retirement-talk-podcast-with-laura-stover/id571347188

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redefiningwealth.info

lswealthmanagement.com

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Redefining Wealth® Custom Blueprint Income Plan: https://redefiningwealth.info/schedule/