EPISODE SUMMARY
Experts say the 4% rule, a popular retirement income strategy, is outdated (By CNBC.com)
Seven 529 Plans to Avoid (By Morningstar.com)
This Retirement Myth Could Cost You $100,000 (By The Motley Fool)
WHAT WAS COVERED
- 00:00 – Paul welcomes listeners.
- 01:00 – Recap of recent episode
- 03:00 – Article Breakdown: “Experts say the 4% rule, a popular retirement income strategy, is outdated”
- 07:15 – Article Breakdown: “Seven 529 Plans to Avoid”
- 24:15 – Article Breakdown: “This Retirement Myth Could Cost You $100,000”
- 28:15 – The Financial Industry in review.
[Tweet “The appeal to authority fallacy is that once someone is an expert I can turn off my brain and listen to their conclusions and accept their opinion. Whereas you should always filter that through what you know and reflect on what you now need to study.#YourBusinessYourWealth”]
[Tweet “Speaking on financial articles, If they’re looking to get an emotional response from you something is not. #YourBusinessYourWealth“]
[Tweet “Any place you could put your money that is completely dependent on 1 person being there to make it a good place to put your money. #YourBusinessYourWealth“]
LINKS
Experts say the 4% rule, a popular retirement income strategy, is outdated (By CNBC.com)
Seven 529 Plans to Avoid (By Morningstar.com)
This Retirement Myth Could Cost You $100,000 (By The Motley Fool)
Mentioned in this episode: YBYW Episode 188
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Full Episode Transcription
PRODUCTION CREDITS
Podcast production and show notes by Greater North Productions LLC