In this week's episode, Brad and Jonathan welcome Sean Mullaney back onto the podcast to discuss the four backstops of the Four Percent Rule! While many in the FI community consider the Four Percent Rule to be a pillar for retirement planning, these relatively unknown backstops could save or enhance your retirement as you continue along the path less traveled! Listen along to see if any of these backstops could apply to you and your own future planning!

As always, the discussion is general and educational in nature and does not constitute tax, investment, legal, or financial advice with respect to any particular individual or taxpayer. Please consult your own advisors regarding your own unique situation. Sean Mullaney and ChooseFI Publishing are currently under contract to publish a book authored by Sean Mullaney.

Sean Mullaney

• Website: The FI Tax Guy
• Blog: The FI Tax Guy Blog

Timestamps

• 0:59 - Introductions
• 1:37 - The Four Percent Rule and Inflation
• 12:20 - Annual Expenses
• 14:19 - Decline in Energy and Expenses
• 22:14 - Social Security
• 30:53 - Downsizing and The Reverse Mortgage
• 38:53 - Later Years Backstops
• 43:21 - Mortality
• 48:48 - Conclusion

Resources Mentioned In Today’s Conversation

• The Four Backstops to then Four Percent Rule
• Financial Resilience in a Bear Market | ChooseFI Episode 172
• Early Retirement and Social Security
• Early Retirement Now
• Financial 180

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