Catching Up to FI Fun Buckets and the Secure Income Retirement Process | Mark Trautman | 039
We welcome back Mark Trautman of Mark’s Money Mind. Bill and Becky chatted with Mark on episode 12 about money in relationships. Mark also stood in for Bill as a co-host with Roger Whitney, the Q&A panel from CampFI, and On the Road with Catching Up to FI.
In this conversation, we are going to dive into an alternative to the 4% Rule of Thumb. We see people in our community ask about a drawdown strategy in retirement, and the go-to answer seems to be the 4% Rule. But we would like to present another way of solving for that question, “How much money do I need for retirement?”
Thank you to our sponsors:
Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!)
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Nectarine: Advice-Only Financial Advisors
Resources mentioned on the show:
The Retirement and IRA Show with Jim Saulnier and Chris Stein
The 4% Rule: EDU #2216 - The Retirement and IRA Show
The Fun Number Part 1: EDU #2302 - The Retirement and IRA Show
All About The Minimum Dignity Floor (MDF) Part 1: EDU #2231 - The Retirement and IRA Show
Qualified Longevity Annuity Contract (QLAC)
Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.