Welcome to the Bigger Pog its Money Podcast where we interview Michael Kitsus and talk about inflation and this crazy stock market.

The 4% rule which was kind of built around these balanced portfolios that we regularly rebalance to

wasn't meant to be prescriptive about how the portfolio is managed. It was meant to be a baseline about how the portfolio is managed.

Not the least of which because we've got historical data and it's really easy to calculate like what your word turn would have been for an annually rebalanced balance portfolio.

It's a very straightforward way to calculate a baseline of what would have worked historically.

Hello, hello, hello, my name is Mindy Jensen and with me as always is my now officially qualified to make dad jokes cohost Scott Trench.

Oh, baby.

Scott and I are here to make financial independence less scary, less just for somebody else to introduce you to every money story because we truly believe financial freedom is attainable for every single day.

No matter when or where you're starting whether you want to retire early or travel the world going to make big time investments and assets like real estate or start your own business will help you reach your financial goals and get money out of the way.

So you can launch yourself towards your dreams relying on the 4% rule.

So Scott, I am super excited to talk to Michael Kitsus today. He is a wealth of knowledge and a wealth of information and he is going to come in and a lay your retirement fears.

I'm very excited to bring him in and let's talk about you before we bring in Michael. What's new with you, Scott?

Well, we recorded a couple of episodes in advance a month or so ago because I was going to be out for a few weeks because my wife and I welcomed a daughter into the world.

Katie, Trench, Catherine, Katie, Trench. So we're very excited for her and she's beautiful and wonderful and we've been enjoying some time with the baby for the last few weeks.

Yay, congratulations. And he's right. She is beautiful. She is wonderful. I harass them all the time for pictures and I have a ton of pictures of my phone.

She's the cutest little thing ever. I can't wait to meet her in real life.

Yeah, we're not sharing a bunch of pictures online right now, but we'll if anyone wants one I can send them directly.

Yeah, so Scott's phone number is Scott.

This show today brings back the fabulous Michael Kitsus. He really doesn't need any introduction, but I'm going to give you an anyway.

He is amazing and wonderful and every single way. He is a CFP. He is the founder of the XY planning network.

He is the author of the nerds eye view blog. He is a financial planner. He runs a huge firm. He writes blogs all the time about money stuff.

He is just very wonderful and every single way. Yeah, he's a master of the subject of retirement planning and the 4% rule and how markets inflation markets inflation interest rates impact portfolios.

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