8% Safe Withdrawal Rate In Retirement? What!!

Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®

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 need to know about Geometric and Arithmetic returns.
• You can’t ignore the sequence of return risk with a 100% stock portfolio.
• Is the 4% rule too depressing?

Have questions?

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