You’ve most likely heard plenty of “rules” you’re supposed to follow to retire successfully. Some of these rules are stated so confidently, you’d be crazy not to immediately accept them as fact.
We don’t mind the threat of being called crazy, so let’s dive into some of the most popular retirement “rules of thumb” to see if they truly lead us down the path of good financial guidance or run a chance of leading us astray.
Here is some of what you’ll learn on this show:
- Should you follow the rule of 100 to gauge how much risk you should be taking? (3:20)
- Is there an appropriate use of life insurance, or can you use it in other ways? (5:38)
- Should you use debt to build wealth? (8:01)
- Should I pay off my house early? (11:46)
Hopefully you’ll pick up on something during this episode that you didn’t know about before, but if you have questions about anything we discussed on the show, please reach out and we’ll be happy to talk to you about your financial situation.