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3300: [Part 1] The Four Backstops to the Four Percent Rule by Sean Mullaney on Early Retiree Planning

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Manage episode 509026930 series 1437225
Content provided by Optimal Living Daily LLC and Optimal Living Daily | Diania Merriam. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Optimal Living Daily LLC and Optimal Living Daily | Diania Merriam or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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 3300:

Sean Mullaney highlights why the Four Percent Rule may not be as rigid as many fear, pointing to natural backstops like flexible spending and Social Security that help safeguard retirement plans. He shows how early retirees often adjust their lifestyles and eventually benefit from guaranteed income streams, making the 4% Rule more resilient than it first appears.

Read along with the original article(s) here: https://fitaxguy.com/the-four-backstops-to-the-four-percent-rule/

Quotes to ponder:

"Spending in retirement can be adjusted."

"There is a natural reduction in energy and interest in certain kinds of spending as one ages."

"If her portfolio is struggling to produce the amount Melinda needs to live off of, Social Security payments provide a backstop and can help make up the difference."

Episode references:

Earn and Invest Podcast: https://earnandinvest.com/

BiggerPockets Money Podcast: https://www.biggerpockets.com/podcasts/money

Portfolio Visualizer: https://www.portfoliovisualizer.com/

New Retirement: https://www.newretirement.com/

The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

3303 episodes

Artwork
iconShare
 
Manage episode 509026930 series 1437225
Content provided by Optimal Living Daily LLC and Optimal Living Daily | Diania Merriam. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Optimal Living Daily LLC and Optimal Living Daily | Diania Merriam or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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 3300:

Sean Mullaney highlights why the Four Percent Rule may not be as rigid as many fear, pointing to natural backstops like flexible spending and Social Security that help safeguard retirement plans. He shows how early retirees often adjust their lifestyles and eventually benefit from guaranteed income streams, making the 4% Rule more resilient than it first appears.

Read along with the original article(s) here: https://fitaxguy.com/the-four-backstops-to-the-four-percent-rule/

Quotes to ponder:

"Spending in retirement can be adjusted."

"There is a natural reduction in energy and interest in certain kinds of spending as one ages."

"If her portfolio is struggling to produce the amount Melinda needs to live off of, Social Security payments provide a backstop and can help make up the difference."

Episode references:

Earn and Invest Podcast: https://earnandinvest.com/

BiggerPockets Money Podcast: https://www.biggerpockets.com/podcasts/money

Portfolio Visualizer: https://www.portfoliovisualizer.com/

New Retirement: https://www.newretirement.com/

The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

3303 episodes

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