Outdated Financial Rules

What financial rules are worth following and which ones need an update? On this episode, we discuss several known financial rules to see which ones are dated and which ones stand the test of time.

 

Read more and get additional resources here: http://petersonfg.com/outdated-financial-rules/

Today's show schedule: 

1:38 - Should you follow the four percent rule? 

4:36 - What is the 10-5-3 rule?

5:55 - Does it make sense to change from stocks to bonds as you age?

8:30 - Are you following the million-dollar rule?