Latest / Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
8% Safe Withdrawal Rate In Retirement? What!!
Recently, famous radio show host and personal finance guru Dave Ramsey made headlines by saying he’s perfectly comfortable with an 8% withdrawal rate in retirement. Critics were quick to respond, calling his advice scary, dangerous, and just plain wrong. So, who’s right?
On this episode, hear Tyler Emrick, CFA®, CFP®, break down Ramsey’s comments and how you should be thinking about income and spending in retirement.
Here’s some of what we discuss in this episode:
How Dave Ramsey explains his position on the 8% withdrawal rate.
Why the math might seem simple but is actually wrong.
What you…
The skinny
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