The Controversial 4% Rule - George Kamel Gives 8% Answers - Ep. #56
This episode is all about controversies. The last one is an 8% answer from Ramsey Solutions that will shock you!
00:00 - Roadmap/Intro
00:57 - Dress to Divide!
07:16 - Right Into the RISK ZONE
20:52 - George Kamel Claims MALICE!
Today's story is a throwback to THE dress of 2015. Was it blue/black or white/gold? This dress broke the internet with division. This isn't the only divisive dress. Jay has remembers another, but he needs your help to track down the source.
The main topic shows how the "Risk Zone" of retirement can help us change our fate. Jay's graphs will help you visualize the retirement risk zone so you can prepare for your HopeFilled financial future. The visual also helps us understand why the 4% rule is tied to such passionate yet divided opinions. How can you tell if your retirement strategy is on track in a volatile world? Jay's risk zone research can help you answer that very question.
The risk zone directly relates to the official answer from Ramsey Solutions over the 8% withdrawal rate controversy. As a bonus section to this episode, Jay reacts to George Kamel's recent appearance on The Iced Coffee Hour. George answers if 8% is a viable withdrawal strategy. He also calls Jay out...
"George Kamel on Dave Ramsey" on The Iced Coffee Hour Clips: https://www.youtube.com/watch?v=uNhwmwoyvLA
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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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