Episode 122: Withdrawal Methods For Retirement Beyond the 4% Rule

Send us Fan MailThe 4% rule is probably the most talked about method when it comes to how to plan to withdraw from your retirement portfolio. However, when it comes to actually withdrawing from your retirement portfolio, there are a lot more options, and nuances. If you're not near retirement, why learn about these different methods now? Using different methods can give you a better idea of how large of a stock/bond portfolio you'll need to last the rest of your lifetime and cover your spending in retirement. It can give you more confidence to know that you will have "enough" during retirement. There are also some people who see the 4% rule is outdated, some say it's too conservative and that you can really plan to withdraw more and others that say there is still the possibility of depleting your portfolio with the 4% rule, especially if your retirement may last longer than 30 years.In this episode, learn about withdrawal methods including 1/N, Variable Percentage Withdrawal, Dynamic SWR, Endowment Strategy, Guyton-Klinger Guardrails and the 95% rule. Please subscribe and leave a review on your favorite Podcasting platform. Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakesIf you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbookDr. Elisa Chiang is  a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching .You can learn more about Elisa at her website or follow her on social media.Website: https://ww.GrowYourWealthyMindset.comInstagram https://www.instagram.com/GrowYourWealthyMindsetFacebook https://www.facebook.com/ElisaChianghttps://www.facebook.com/GrowYourWealthyMindsetYouTube: https://www.youtube.com/c/WealthyMindsetMDLinked In: www.linkedin.com/in/ElisaChiang Disclaimer: The content provided in the Grow Your Wealthy Mindset Podcast...