Ep 67: 3 Rules of Thumb You Might Not Want to Follow
Manage episode 338250681 series 2891513
By Scott Sierens. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Many rules of thumb are great to follow to help with your finances, but some rules are outdated and don’t align with current economic conditions. We’ll explain which rules to follow and which to leave behind.
What we discuss in this episode:
4:01 – 75% rule
6:33 – Retirement spending smile
8:50 – Understand expenses
13:00 – Taxes
16:24 – Retirement income
19:30 – Income and tax projection
22:22 – Rule of 100
Read more and get additional financial resources here: http://lifemoneyshow.com
Check out our YouTube channel: https://www.youtube.com/channel/UCPhQ-u12d60Z0HNCwwVubdQ
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