Trust the Plan Podcast with Nick Hopwood, CFP® and Jim Pilat, CFP®
Business:Investing
In this episode, Nick Hopwood, CFP® and Jim Pilat, CFP® of Peak Wealth Management discuss Dave Ramsey's concept of an 8% withdrawal rate in retirement.
The personal finance expert recently landed in hot water after an on-air rant about the popular 4% rule for retirement withdrawals.
It all started when a 30-year-old man with $120,000 already saved for retirement called into “The Ramsey Show” to ask what percentage of his assets he should plan to withdraw in retirement over a 30-year time period.
Ramsey's retirement advice has landed like a lead balloon among other money professionals, with some calling his rate suggestion "scary," and "incredibly dangerous."
So, how do you figure our what's right for your retirement?
Listen to our episode to learn more.
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Peak Wealth Management is a financial planning and wealth management firm in Plymouth, MI. We believe by providing education and guidance, we inspire our clients to make great decisions so they can Retire With Peace of Mind.
Stay Connected With Us:
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YouTube: / @peakwealthmgmt
Apple: rb.gy/1jqp6 (Trust the Plan Podcast)
Facebook: Facebook.com/PeakWealthManagement
Twitter: Twitter.com/nhopwood1
www.peakwm.com
EP 087: Rethinking Retirement
Ep 086: Our Peak Investment Management Process
EP 085: Where does our market currently stand?
EP 084: U.S. Presidential Election Various Outcomes & Market Results
EP 083: Catching Up With Peak Wealth
EP 082: Nick Hopwood Celebrates 20 Years in Finance Industry
EP 081: Market Update on March 27, 2020
EP 080: Retirement Income Planning with Sheryl O’Connor, CEO and Co-Founder of Income Conductor
EP 079: Coronavirus Market Update March 15, 2020
EP 078: The 2020 Market Correction is Here
EP 077: How to Choose a Financial Advisor
EP 076: Live Broadcast from Peak Global HQ on WTKA
EP 075: The SECURE Act
EP 074: Hopwood 2020 Financial Plan
EP 073: Special Guests Rich and Sue Allen
EP 072: Special Guest Seth Fisher from MGoBlog
EP 071: Nick Hopwood’s Top 10 Things to Do Before 2020
EP 070: Meet the Manager with Ben Lavine
EP 069: Meet the Manager with John Forlines III
EP 068: Christmas Bonus Fun
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