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Mailbag: Saving Dilemmas, Severance Packages & Retirement Rules
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Today, Steve answers three thoughtful listener questions from viewers like you! Is saving 15% of your income truly necessary or just a rule of thumb that doesn’t fit everyone? What should you consider if you’re unexpectedly offered a severance package right before retirement? And does the popular 4% withdrawal rule still work in today’s financial landscape?
Here’s some of what we discuss in this episode:
🎯 Is saving 15% of your income really necessary or even realistic?
💼 Why a severance package could be a retirement windfall
🔍 Does the 4% rule still hold up in today’s…
The skinny
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