Season 3

The 4% rule

Episode Notes

For years, many financial professionals have suggested that most retirees can afford to withdraw up to 4% of their retirement assets each year with very low risk of their money running out in less than 25-30 years. But this “4% rule” was created at a time when interest rates were much higher than they are today. Back then, many investors with conservative portfolios could depend more on bond income to replenish these withdrawals. Now, retirees have to allocate more money to stocks to help make up for today’s historically low bond yields. In any case, there is no “hard and fast” rule on how much money you can or should withdraw. The actual amount needs to be based on your retirement age, life expectancy, lifestyle and other sources of income. Other factors, such as whether you have long-term care insurance or whether you’re hoping to leave some of your retirement money to your heirs or favorite charities also need to be considered. If you’re struggling to deal with these complex issues, consider seeking the advice of a fee-only fiduciary financial planner, who can help you understand different retirement cashflow scenarios and recommend a strategy that may increase the chances of your retirement nest egg lasting as long as you want it to.

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Season 8
Tax Tips — Don’t Procrastinate!

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The clock is ticking towards Tax Day, April 18. Here are some timely tips for tax form procrastinators.

For further research:

Season 8
Annuities for Retirement Income

Show Episode Notes

Mention the word “annuity” and most investors recoil. There seem to be so many hidden secrets and costs.  And high pressure sales tactics along with "free dinners."

In today’s podcast we unravel those mysteries – with the one man who has consistently worked to educate the public to the ins and outs of annuities – as well as some of the better uses of these insurance company contracts.  Stan Haithcock’s website – -- is a great resource for free basic information and good advice on annuities.  And Stan is one of the most entertaining financial speakers you’ll ever meet.

So, sit back and enjoy our podcast.  We devote special attention to Multi-Year Guaranteed Annuities (MYGAs), now yielding over 5.5%.  They’re the insurance industry’s version of a bank CD, without the FDIC backing.  And they are a great way to improve yields either inside or outside your IRA.

To read more about MYGAs, here’s a link to Terry’s column on the subject:

And if you’d like to listen to more of Stan’s terrific approach to financial markets, both Terry and Pam have recently joined him on HIS podcast.  You’ll find the links to these conversations here:

Terry Savage: The Savage Financial Truth in 2023

Pam Krueger: Your Wealthramp to Fiduciary Advice


Show Episode Notes

Podcast Hosts

Pam Krueger

Pam Krueger

Terry Savage

Terry Savage


Richard Eisenberg

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