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Talking Real Money - Investing Talk

4% Rule Resurrected

Talking Real Money - Investing Talk

Don McDonald

Education, Business, Investing, How To

4.5811 Ratings

🗓️ 22 December 2022

⏱️ 17 minutes

🧾️ Download transcript

Summary

After recently declaring the 4% withdrawal rule dead, Morningstar has decided it's still kicking out income. A listener wonders if the Paul Merriman two-fund portfolio is a sensible way to go? Learn more about your ad choices. Visit megaphone.fm/adchoicesQuestions? Comments? Click!

Transcript

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0:00.0

Reality Radio for a really great future.

0:08.0

We're talking real money.

0:10.9

Hello, friends.

0:12.8

Welcome to the holiday edition of Talking Real Money.

0:17.7

Jing, jing, jing, jing, jing, I'm doing sound effects.

0:20.4

Jing, jing, jing, jing, jing. Anyway, we talk about money. We talk ding, ding, ding, ding. I'm doing sound effects. Jing, ding, ding,

0:21.0

anyway.

0:22.6

We talk about money.

0:23.9

We talk about investing a lot.

0:25.5

We talk about creating an income in retirement.

0:28.2

How you can manage your money to make as much as you can or need to make within your risk

0:35.3

tolerance.

0:36.5

And for many years, many, many years, this, this portfolio goes back to the 30s at least

0:44.1

when mutual funds were in their infancy.

0:48.7

And it was called the dog barking at the Amazon Delivery Guy Mutual Fund.

0:56.4

Yeah.

0:57.0

I know that's an Amazon guy.

0:58.8

It is?

0:59.5

It's not UPS or somebody else?

1:01.3

No, I think it's Amazon.

1:02.5

They don't use UPS anymore.

1:04.3

They do their own thing all the time.

...

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