Discover the tips and strategies that will help you achieve your retirement goals.

I'm your host, James Canole, and this is the podcast dedicated to helping you retire well.

It all starts right here on Ready for Retirement. retirement.

Hi, everyone.

Welcome back to another episode of Ready for Retirement.

I'm your host, James Knoll.

On today's episode, we're going to be talking about withdrawal rates, whether it's the 4% rule or a guidance guard rules framework, in really asking ourselves the question of, is the allocation

and are those rules still applicable considering everything that we've seen in the last

few years, everything from low interest rates to high interest rates, everything from a pandemic

to high inflation to just some of the global things that are happening,

are those withdrawal rules still applicable? So that's the main thing we're going to be talking

about. And there's actually two components to today's episode. And it comes from a listener.

Today's listener question comes from Will. Will says this. He says, hi, James. I have a couple

questions I was hoping you can answer.

Number one, in one of your earlier episodes, you addressed the tax benefit of ETS versus traditional

mutual funds. You seem to prefer ETFs. My question is, if ETFs are more preferable compared

to traditional mutual funds, why are mutual funds more prevalent? The second part of the question is this.

Well, it goes on to say it looks like the Guyton's guardrails paper was published in 2004 with an

updated in 2006. That was almost 20 years ago, and since then we have had some major market

events from the 2008 crisis, years with low interest rates, the pandemic, and now significant

inflation. I assume you think the principles are still valid,

but my question has to do with his asset and percentage mix? Do you still agree with them?

...