Ep 35: Should You Follow These Popular Retirement Rules of Thumb?

You’ve most likely heard plenty of “rules” you’re supposed to follow to retire successfully. Some of these rules are stated so confidently, you’d be crazy not to immediately accept them as fact.

But we don’t mind the threat of being called crazy, so let’s dive into some of the most popular retirement “rules of thumb” to see if they truly lead us down the path of good financial guidance or run a chance of leading us astray.

Here’s some of what you’ll learn on this episode:

• Is the Rule of 100 an effective way to determine how much risk you need?  (0:58)
• Whether or not you need 75% of your working income in retirement.  (2:26)
• How often bear markets happen on average and how that impacts investing.   (5:46)
• Do you really need 10 times your salary saved by the age of 67?  (8:13)

Contact:

Website: http://bradshawfp.com 

Email: [email protected]

Call: 704-216-2260