Want to create an interactive transcript for this episode?
Podcast: Ready, Set, Retire!
Episode: The 4% Rule and SECURE Act 2.0 - What this means for YOU!
Description: The question most retirees ponder is how much they should take out of their financial plan each month to meet their spending needs. For a long time, many have subscribed to the “4% Rule.” But a columnist in the Wall Street Journal has his own that he calls the “$400 Rule.” He says you’ll spend about $400 each month in retirement above and beyond what you’ll think you’ll spend. Hear what Steve thinks of the $400 rule and how you could factor it into your retirement plan. Then, the U.S. Senate is now considering a big bill passed by the Hous...