5 Financial Rules of Thumb Debunked!

Posted on Wed Sep 02, 2020
by SGL Financial
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Our 2 Cents – Episode #046

5 Financial Rules of Thumb Debunked!

Just like your iPhone or computer can become obsolete and need to be replaced, sometimes the way people think about retirement planning and investing is obsolete and needs to be replaced.

On today’s show we talk about some outdated financial rules of thumb that people still cling to, and more current, modern alternatives to use instead.

  1. The 4% Rule
  2. The 10-5-3 Rule
  3. Moving stocks to bonds when you get older
  4. All you need is $1 million and you’re set for retirement
  5. The 80% Retirement Income Rule

Tune in now to join us for this discussion!

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