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Registered
Join Date: Jul 2000
Location: Central Kentucky
Posts: 3,686
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Dave Ramsey and the 4% Rule
Anyone else caught this tempest in a teapot? I follow a few financial influencers on YouTube and recently everyone in that space has been discussing the 4% Rule: the idea that you need a retirement portfolio large enough that you live off just 4% of it a year.
Why? Dave Ramsey says you can actually take 8% and be fine. One of the influencers on YouTube is part of Ramsey’s own company, and someone cited the rule to Ramsey on his show and he lambasted the influencer on the air, saying he would pull the video.
Eight percent is just nuts.
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