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DAVE RAMSEY IS WRONG: DON'T DIE BROKE From Sequence of Returns Risk
If you follow Dave Ramsey's 8% advice on retirement income, aka "Safe Withdrawal Rate", you will likely end up dead broke before your life is over!
Dave Ramsey steadfastly defies logic, reason, good math and science when it comes to safe withdrawal rates for calculating retirement incomes. Understand the issues and more importantly, what you can do to avoid going broke in retirement so you can live your best life.
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Legal Disclosure: We are not acting as your financial, tax or legal advisor in this video. The information contained in this video is for educational and entertainment purposes only. We call it Edu-tainment. Before making financial decisions, consult with an appropriately licensed professional. We shall not be held liable for any losses you may incur for investing, trading, or attempting to do what we have done. Please be careful.
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