Sallie Mae 14Month NoPenalty CD @ 2.70 APY: https://www.allcards.com/go/salliema...
Join the newsletter: https://robberger.com/newsletter/?utm...
Today we look at what's called the GuytonKlinger retirement withdrawal strategy. It uses the following somewhat convoluted decision rules:
The Portfolio Management Rule
The Inflation Rule
The Withdrawal Rule
The Capital Preservation Rule
The Prosperity Rule
In theory, GuytonKlinger allows you to start with an initial withdrawal percentage notably higher than 4%. The downside is that depending on when you retire, you may have to make significant adjustments to your spending after inflation.
————————————
Video Resources
————————————
Guyton 2004 Paper: https://www.financialplanningassociat...
GuytonKlinger 2006 Paper: https://citeseerx.ist.psu.edu/viewdoc...
GuytonKlinger Decision Rules: https://docs.google.com/document/d/e/...
Criticism of GuytonKlinger: https://earlyretirementnow.com/2017/0...
FIRE Calc: https://ficalc.app/
eFIREsim: https://www.cfiresim.com/
————————————
Investing Tools
————————————
My Book (Retire Before Mom and Dad): https://amzn.to/2MsRJ9B
Personal Capital (Investment Tracking, Retirement Planning): https://robberger.com/go/personalcap...
New Retirement (Retirement Planner): https://robberger.com/go/newretireme...
Stock Rover: https://robberger.com/go/stockrover/yt
M1 Finance $30 Bonus (IRA & Taxable Accounts): https://robberger.com/go/m1financebo...
————————————
Credit Cards & Banks
————————————
My Favorite Credit Cards: https://www.allcards.com/bestcredit...
My Favorite Online Banks: https://www.allcards.com/bestonline...
————————————
Popular Videos
————————————
1⃣ How to Create a 3Fund Portfolio: • How to Create a 3 Fund Portfolio | A ...
2⃣ How I Manage 28 Accounts in One App: • How I Manage 28 Financial Accounts in...
3⃣ 7Step Financial Checkup: • A 7Step Annual Financial Checklist f...
#retirement #guytonklinger #robberger
ABOUT ME
While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.
I'm also the author of Retire Before Mom and DadThe Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)
LET'S CONNECT
Youtube: / @rob_berger
Facebook: / financialfreedomguy
Twitter: / robert_a_berger
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning at no cost to you I earn a commission if you click through and make a purchase and/or subscribe. However, I only recommend products or services that (1) I believe in and (2) would recommend to my own mom.