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Podcast: Trust the Plan Podcast with Nick Hopwood, CFP® and Jim Pilat, CFP®
Episode: EP 206: Retirement Investing: Dave Ramsey’s 8% Withdrawal Rate
Description: In this episode, Nick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management discuss Dave Ramsey's concept of an 8% withdrawal rate in retirement.
The personal finance expert recently landed in hot water after an on-air rant about the popular 4% rule for retirement withdrawals.
It all started when a 30-year-old man with $120,000 already saved for retirement called into “The Ramsey Show” to ask what percentage of his assets he should plan to withdraw in retirement over a 30-year time period.
Ramsey's retirement advice has landed like a lead balloon among other money professionals, with som...