Five Outdated Financial Strategies

Just like technology changes and becomes outdated, so does some retirement planning strategies. Let’s look at five financial strategies that have become obsolete. Read more and get additional financial resources here: https://silverman-associates.com/saving-with-silverman-podcast/ep-18-five-outdated-financial-strategies What we discuss on this show: 1:21 - The 4% rule 2:04 - The 10/5/3 rule 2:49 - Move money from stocks to bonds as you get older 4:15 - $1 million retirement target 5:14 - You’ll need less money in retirement