2532: The 4% Rule and Why We're Not Relying on It by Kiersten Saunders of Rich and Regular on Retirement Strategy

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2532: Kiersten Saunders of RichandRegular.com shares a thoughtful critique of the 4% rule, a cornerstone of the FIRE movement's retirement strategy. She emphasizes diversifying income through real estate and other ventures, highlighting the importance of flexibility and control over one's financial destiny beyond traditional investment methods. Read along with the original article(s) here: https://richandregular.com/the-4-rule-and-why-were-not-relying-on-it/ Quotes to ponder: "The gifts we give don’t matter as much as the time we spend." Episode references: The Problem with the 4% Rule (and Why You Could Retire Even Sooner): https://www.madfientist.com/discretionary-withdrawal-strategy/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Om Podcasten

Optimal Finance Daily, hosted by Diania Merriam, the innovative mind behind the personal finance conference EconoMe, takes you on an enlightening journey through the world of personal finance. Each episode brings to life the most compelling and practical advice from leading financial bloggers and experts. Diania’s engaging narration and insightful commentary transform complex financial concepts into relatable, actionable insights. Whether it’s budgeting, investing, debt management, or money mindfulness, she covers it all, making financial wisdom accessible to everyone. Gain not just knowledge, but also the motivation to apply it in your daily life. It's not just a source of personal finance tips; it’s a daily companion that guides you towards financial independence and savvy money management, all delivered with Diania's trademark enthusiasm and expertise. By focusing on early retirement, financial independence, and saving money, each episode provides you with the tools needed to achieve your financial goals. This podcast is designed for those passionate about personal finance, early retirement, financial independence, and saving money. It’s your go-to source for practical advice on managing your finances, saving money, and working towards early retirement. Each episode offers actionable steps to foster financial independence and secure your financial future. Listen now, and become an OLD friend--your optimal life awaits...