The Financial Answer

Financial planning guidance from West Tennessee’s Nathan O’ Bryant.

Are You Following Outdated Financial Rules?

Posted on June 4th, 2020

When it comes to retirement, the rules that applied for your grandparents or parents aren’t necessarily the same for you. To find out which rules are outdated, we discuss some of the financial rules of thumb you may have heard in the past.

 

Read more and get additional financial resources here: https://wp.me/paIiUZ-fF 

 

Today's show schedule: 

2:50 - What financial rules are outdated?

3:22 - Is the 4 percent rule outdated? 

6:20 - What is the 10-5-3 rule?

7:45 - Should you move from stocks to bonds at a certain age?

9:13 - The million dollar rule to retire. 

13:48 - Do you need less in retirement than when you’re working?

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