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Navigating Retirement Finances: Debunking Dave Ramsey's 8% Rule

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Manage episode 407499545 series 3561293
内容由Impact Partnership and Mike Douglas提供。所有播客内容(包括剧集、图形和播客描述)均由 Impact Partnership and Mike Douglas 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

On this episode, Mike addresses the recent controversial financial advice from renowned personal finance radio host, Dave Ramsey. In a bold statement, Ramsey suggests retirees remain 100% invested in stocks and withdraw 8% annually, without worry. Mike shares the potential pitfalls of this advice, covering the risks of sequence of returns and highlighting historical market downturns and upturns.

Stressing the need for a personalized approach, while cautioning against generic blanket advice for retirement finances, Mike emphasizes the significance of understanding tax implications, account types, and the potential impact on Social Security and Medicare.

Visit LifePlanWealth.com to start your retirement roadmap and a more tailored strategy for your unique financial goals.

See omnystudio.com/listener for privacy information.

  continue reading

91集单集

Artwork
icon分享
 
Manage episode 407499545 series 3561293
内容由Impact Partnership and Mike Douglas提供。所有播客内容(包括剧集、图形和播客描述)均由 Impact Partnership and Mike Douglas 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

On this episode, Mike addresses the recent controversial financial advice from renowned personal finance radio host, Dave Ramsey. In a bold statement, Ramsey suggests retirees remain 100% invested in stocks and withdraw 8% annually, without worry. Mike shares the potential pitfalls of this advice, covering the risks of sequence of returns and highlighting historical market downturns and upturns.

Stressing the need for a personalized approach, while cautioning against generic blanket advice for retirement finances, Mike emphasizes the significance of understanding tax implications, account types, and the potential impact on Social Security and Medicare.

Visit LifePlanWealth.com to start your retirement roadmap and a more tailored strategy for your unique financial goals.

See omnystudio.com/listener for privacy information.

  continue reading

91集单集

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