Investment adviser Morningstar has issued new guidance that changes the conventional wisdom about how much you can expect to withdraw from your investment accounts in retirement.

The change in the so-called 4% rule has podcast host Mason King worried, and so he and Peter "Pete the Planner" Dunn dive into the details in search of clarity.

Pete also predicts what the omicron variant will mean for the market and why the debate about the debt ceiling might actually be more important.

You can read more from Pete at IBJ.com.

The IBJ Podcast is brought to you by Taft.