Ep 54: Five Outdated Financial Strategies

Just like technologies change and become outdated, so do some retirement planning strategies. Let’s look at five financial strategies that have become obsolete.

 

Read more and get additional financial resources here: https://www.baschrock-fg.com/podcast/ep-54-five-outdated-financial-strategies/ 

 

What we discuss on the show: 

2:55 – 4% rule

4:27 – 10/5/3 rule

6:22 – Move money from stocks to bonds as you get older

7:44 - $1 million retirement target

9:42 – Needing less money in retirement

11:52 – Mailbag: Should we invest differently based on the election?

14:42 – Mailbag: Should I buy gold coins, gold bars or no gold at all?