We welcome back Mark Trautman of Mark’s Money Mind. Bill and Becky chatted with Mark on episode 12 about money in relationships. Mark also stood in for Bill as a co-host with Roger Whitney, the Q&A panel from CampFI, and On the Road with Catching Up to FI.

In this conversation, we are going to dive into an alternative to the 4% Rule of Thumb. We see people in our community ask about a drawdown strategy in retirement, and the go-to answer seems to be the 4% Rule. But we would like to present another way of solving for that question, “How much money do I need for retirement?”

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Resources mentioned on the show:

4% Rule

Early Retirement Now

The Retirement and IRA Show with Jim Saulnier and Chris Stein

The 4% Rule: EDU #2216 - The Retirement and IRA Show

The Fun Number Part 1: EDU #2302 - The Retirement and IRA Show

All About The Minimum Dignity Floor (MDF) Part 1: EDU #2231 - The Retirement and IRA Show

What's an Annuity?

Delayed Annuity

Qualified Longevity Annuity Contract (QLAC)

Fixed Period Annuity

Amberly Grant

CampFI

FI Freedom Retreats

Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.