<p>Let’s define what “rule of thumb” really means</p> <ol start="1" type="1"> <li>Save 10% of your income rule</li> <li>Using your age to determine your risk/non risk allocations. “rule of 100”</li> <li>You will need 70-80% of working income in retirement</li> <li>4% rule</li> <li>You need $1,000,000 at least to retire</li> </ol>

Let’s define what “rule of thumb” really means Save 10% of your income rule Using your age to determine your risk/non risk allocations. “rule of 100” You will need 70-80% of working income in retirement 4% rule You need $1,000,000 at least to retire

<p>Let’s define what “rule of thumb” really means</p> <ol> <li>Save 10% of your income rule</li> <li>Using your age to determine your risk/non risk allocations. “rule of 100”</li> <li>You will need 70-80% of working income in retirement</li> <li>4% rule</li> <li>You need $1,000,000 at least to retire</li> </ol>

Episode 18: Financial Planning “Rules of Thumb”- Are they worth using?

Co-Founder of Guardian Investment & Accounting, Garry Thurman and Insurance and Retirement Advisor, Tyde Mcintosh give advice to those preparing for retirement.

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Co-Founder of Guardian Investment &amp; Accounting, Garry Thurman and Insurance and Retirement Advisor, Tyde Mcintosh give advice to those preparing for retirement.

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Episode 18: Financial Planning “Rules of Thumb”- Are they worth using?

Episode 18: Financial Planning “Rules of Thumb”- Are they worth using?