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Dave Ramsey Is WRONG AGAIN for 8%! Why I Called Dave on 11/2 - Ep #48
This is my reaction to the call I made to Dave Ramsey on November 2nd. It is also FULL context that lead up to the call - Including two more Dave 8% calls, George's FIRE, and the dead article.
My call that broke X (Twitter) with over 4M Views is at the end. Stick around to the end if you haven't seen it yet. Even if you have, I hope you enjoy hearing my side of the story.
In Episode #37, I said Dave Ramsey was WRONG about 8% being a safe withdrawal rate. What I know to be true of the 4% Rule (give or take a percent) has me bound and determined to change Dave Ramsey's mind.
Call #1:
“The Ramsey Show 9/14/2023”
https://www.youtube.com/live/goI6GZggksw?si=9U7AzwabILizXk0k&t=2735
Call #2:
“Is $1,000,000 Still Enough To Retire?”
https://youtu.be/BUl_dAPUBhM?si=cUBSybokG5qpXw2z&t=118
The Article Dave took Down:
"3 Ways to Make Your Post-Retirement Plan Last" - Dave Ramsey
https://web.archive.org/web/20230604002700/https://www.ramseysolutions.com/retirement/post-retirement-plan
George's FIRE Video:
"Why Retiring At Age 35 Is A Bad Idea"
https://youtu.be/ZUzaSPPejEo?si=KiiXvwed-7Ll6Wf8&t=285
The Original Call on Dave Ramsey Live
"You Can’t Win With Money if You Don’t Know Where Your Money Is | November 2, 2023":
https://www.youtube.com/live/Xg4Z8EQY3Ao?si=eCI_NybmHlLM65RC&t=4429
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Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.
Our Website: HopeFilledFinancial.com
Music: "Take Me Higher" by Jahzzar
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