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Jul 3, 2017

Friends Talk Finance: Retirement Planning Basics

Are you saving for retirement? How much do you need to become financially independent? Bonnie Koo, MD and I talk all about the basics of retirement spending in another episode of Friends Talk Finance: Retirement Planning. Thanks for listening! If you have any questions, please send them our way.

Show Outline

  • "Based on analysis of worst case scenarios since 1926“Assuming a minimum requirement of 30 years of portfolio longevity, a first-year withdrawal of 4 percent… followed by inflation-adjusted withdrawals in subsequent years, should be safe. In no past case has it caused a portfolio to be exhausted before 33 years, and in most cases it will lead to portfolio lives of 50 years or longer.”

For more info, check out some of Bonnie's blog posts:

Should I use my Hospitals 457b
Roth Roth Roth
Brief Update on our Finances

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