In this episode, Frank and Frankie address the recent controversial statement made by personal finance guru, Dave Ramsey, recommending that retirees can stay 100% invested in stocks and withdraw 8% annually, with no worries.
We address the flaws in this suggestion and urge caution against relying on high average returns without accounting for market volatility.
If you're navigating the complexities of retirement planning and want to understand the potential risks and rewards of various strategies, visit A Better Way Financial.com to begin your journey toward a well-informed retirement future.
Read our book! Amazon Best Seller, “The Book on Retirement: A Better Way to Stretch Your Retirement Dollars While Living the Lifestyle of Your Dreams.”
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