Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®

8% Safe Withdrawal Rate In Retirement? What!!


Listen Later

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?

    Need help making sure your investments and retirement plan are on track? Click to schedule a free 15-minute call with one of True Wealth's CFP® Professionals.

    http://bit.ly/calltruewealth

    ...more
    View all episodesView all episodes
    Download on the App Store

    Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®By Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®

    • 4.4
    • 4.4
    • 4.4
    • 4.4
    • 4.4

    4.4

    25 ratings


    More shows like Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®

    View all
    Sound Retirement Radio by Jason Parker

    Sound Retirement Radio

    426 Listeners

    Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

    Your Money, Your Wealth

    741 Listeners

    The Retirement and IRA Show by Jim Saulnier, CFP® & Chris Stein, CFP®

    The Retirement and IRA Show

    719 Listeners

    Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

    Retirement Answer Man

    1,272 Listeners

    Retirement Starts Today by Benjamin Brandt CFP®, RICP®

    Retirement Starts Today

    489 Listeners

    Big Picture Retirement® by Devin Carroll, CFP® & John Ross, JD

    Big Picture Retirement®

    502 Listeners

    Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

    Stay Wealthy Retirement Podcast

    541 Listeners

    The NewRetirement Podcast by Steve Chen

    The NewRetirement Podcast

    176 Listeners

    Retire With Purpose - The Retirement Podcast by Casey Weade

    Retire With Purpose - The Retirement Podcast

    538 Listeners

    The Long View by Morningstar

    The Long View

    859 Listeners

    Ready For Retirement by James Conole, CFP®

    Ready For Retirement

    752 Listeners

    The Rob Berger Show by Rob Berger

    The Rob Berger Show

    147 Listeners

    Retirement Planning Education, with Andy Panko by Andy Panko

    Retirement Planning Education, with Andy Panko

    692 Listeners

    Retire With Style by Wade Pfau & Alex Murguia

    Retire With Style

    161 Listeners

    Retirement Answers by Jacob Duke, CFP®

    Retirement Answers

    87 Listeners