AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Non Optimized Version of the Portfolio
I think that if you're optimizing too hard on the tax front, or for example, if you're trying to lever your returns in real estate, it can be very difficult to actually generate cash flow. And one of the trade offs with freedom, I think is a little bit less efficiency. We talked to a lot of early retirees and almost none of them do not do so on a portfolio that meets the 4% rule strictly. Everybody's got an ace in the hole. They've got a big cash balance. They'veGot a real estate portfolio on top of that stock portfolio. They got a pension. They have a side hustle. Something else is going on there. That