We’ve all heard of the 4% rule, but did you know that the creator’s recommendation for it has changed over the years? 

I recently discovered an article from ThinkAdvisor.com that included an interview with the father of the 4% rule, Bill Bengen. In the retirement headlines segment, we’ll take a close look at the article and learn directly from Mr. Bengen’s perspective and then I’ll offer my own. Don’t miss out on this glimpse into the mind of the creator of the 4% rule. 

Outline of This Episode

• [2:12] Manage the risk portion of your retirement nest egg actively
• [7:00] Adjust your withdrawal rates along with inflation
• [7:47] My thoughts on using the 4% rule
• [15:03] Is there a way to improve Jim’s retirement plan?

Resources & People Mentioned

• Father of 4% Rule Urges Caution, Cash as Market Risk Rises
• The American College of Financial Services
• The Extraordinary Upside Potential Of Sequence Of Return Risk In Retirement

Connect with Benjamin Brandt

• Get the Retire-Ready Toolkit: http://retirementstartstodayradio.com/
• Follow Ben on Twitter: https://twitter.com/retiremeasap
• Subscribe to the newsletter: https://retirementstartstodayradio.com/newsletter

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Are you planning on enjoying an active retirement? If so, it may cost you more than you think. 

On this episode of Retirement Starts Today, I interview Thatcher Taylor, the financial advisor behind ProPathFinancial.com. Thatcher and I discuss how to prepare financially and mentally for an active retirement.

Outline of This Episode

• [1:42] How to navigate the balance between
• [3:18] How plan for a longer retirement
• [9:00] A phased retirement plan could help you stay active
• [11:55] Do you have a sense of purpose in retirement?
• [18:33] Check out Thatcher’s YouTube channel

Resources & People Mentioned

• Dr.Peter Attia

Connect with Thatcher Taylor

• Thatcher Taylor on YouTube
• ProPathFinancial.com
• @DadBodFinancial on Instagram

Connect with Benjamin Brandt

• Get the Retire-Ready Toolkit: http://retirementstartstodayradio.com/
• Follow Ben on Twitter: https://twitter.com/retiremeasap
• Subscribe to the newsletter: https://retirementstartstodayradio.com/newsletter

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If you are looking to ease into retirement by transitioning into a part-time role first, you won’t want to miss this episode of Retirement Starts Today. In the retirement headlines segment, we’ll explore an article by Anne Tergesen at the Wall Street Journal which outlines topics to consider when phasing out your retirement before retiring fully. 

Make sure to stick around for the listener questions segment to hear a question from Scott about how to evaluate COLA options on a pension. Press play to start planning your amazing retirement. 

Outline of This Episode

• [1:32] Talk to your employer about how to work fewer hours
• [3:12] Plan your income
• [6:34] Social Security considerations
• [11:51] To take the COLA or non-COLA option on a pension

Resources & People Mentioned

• WSJ article - How to Plan for Part-Time Retirement

Connect with Benjamin Brandt

• Get the Retire-Ready Toolkit: http://retirementstartstodayradio.com/
• Follow Ben on Twitter: https://twitter.com/retiremeasap
• Subscribe to the newsletter: https://retirementstartstodayradio.com/newsletter

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If you have received an inherited IRA or think you will in the future you won’t want to miss this episode. In the retirement headlines segment, we’ll take a look at the proposed changes in regulations regarding inherited RMDs based on the Secure Act of 2020.

In the listener questions segment, we’ll hear from Jim who has a question about rebalancing retirement income buckets. Make sure to stick around until the end so that you understand the best way to manage your buckets in retirement. 

Outline of This Episode

• [1:32] The IRS interpretation isn’t what we thought it would be
• [7:36] An example to illustrate an inheritance scenario 
• [10:45] What can we learn from this new rule?
• [14:25] Should you have 5 years of income or 25% of your portfolio value in bucket #1?
• [17:18] Should you rebalance when stocks and bonds are down?
• [18:56] Do Vanguard total bond funds qualify for bucket #1 or #2?
• [22:03] Should you maintain a small list of funds in a portfolio?

Resources & People Mentioned

• Episode 239 - Part-Time Retirement Programs Are on the Rise
• Investment News article by Ed Slott

Connect with Benjamin Brandt

• Get the Retire-Ready Toolkit: http://retirementstartstodayradio.com/
• Follow Ben on Twitter: https://twitter.com/retiremeasap
• Subscribe to the newsletter: https://retirementstartstodayradio.com/newsletter

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Apple Podcasts, Stitcher, TuneIn, Podbean, Player FM, iHeart, or Spotify