2532: The 4% Rule and Why We're Not Relying on It by Kiersten Saunders of Rich and Regular on Retirement Strategy

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.5 • 1.3K Ratings

🗓️ 27 November 2023

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2532: Kiersten Saunders of RichandRegular.com shares a thoughtful critique of the 4% rule, a cornerstone of the FIRE movement's retirement strategy. She emphasizes diversifying income through real estate and other ventures, highlighting the importance of flexibility and control over one's financial destiny beyond traditional investment methods. Read along with the original article(s) here: https://richandregular.com/the-4-rule-and-why-were-not-relying-on-it/ Quotes to ponder: "The gifts we give don’t matter as much as the time we spend." Episode references: The Problem with the 4% Rule (and Why You Could Retire Even Sooner): https://www.madfientist.com/discretionary-withdrawal-strategy/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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1:00.9	This is optimal finance daily episode 2532.
1:05.0	The 4% rule and why we're not relying on it
1:08.0	by Kirsten Saunders of rich and regular.com
1:11.0	and I'm your host and personal finance enthusiasts Diana Meriam.
1:15.8	I'm going to jump right into our next post as we optimize your life.
1:30.0	The 4% rule and why we're not relying on it by Kirsten Saunders of Rich and Regular.com. I don't remember everything about that day, but it's safe to say that my brain exploded when I learned about the 4% rule.
1:38.0	I don't recall which blogger or financial article introduced me to the concept, but I know I've learned a little
	...

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