6min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP456: How to Build a Wealth Plan for Financial Independence w/ Katie Gatti

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Is the Four Percent Rule No Longer Valid?

A wealth planning tool that you have on your web site projects out a time line for you to say, based what you currently earning and what you're currently spending. You can kind of project out how that income is going to change. And then really it's just, what are you spending right now? Um, what is your monthly spend? Do you want to pat it a little bit, assuming you might want to spend more in the future or are you actually living like the high life right now?"

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