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Is Dave Ramsey's R:IQ Tool Broken? - Main Topic #49
Jay reviews Dave Ramsey's R:IQ Tool. This is the tool Dave has on his website to help you with your retirement plans. However, there might be something wrong. Does this tool use a proper safe withdrawal rate? Is the projection consistently applying inflation? What do you think? Is it broken? Or is Jay missing something?
Dave Ramsey's R:IQ Tool:
https://www.ramseysolutions.com/retirement/riq
Dave Ramsey's Retirement Calculator:
https://www.ramseysolutions.com/retirement/retirement-calculator?snid=free-tools.retirement.retirement-calculator
Watch the full episode here: https://youtu.be/qESfErXkRJU
Main Topics Playlist: https://www.youtube.com/playlist?list=PLo6Zlf1BSGrZM50_NAabg7tOhASym2xxD
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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.
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