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What is the 4% Rule in Retirement Account Distributions?
Manage episode 403655837 series 3551169
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Welcome back to the In Your Business podcast, your go-to podcast for leadership, business, and finance, hosted by Michael Sayre and produced by CUI Wealth Management.
In this episode, Michael addresses a common and critical question that everyone wants to know - how much can one withdraw from their investment accounts without running out of money in retirement? With the average American living to age 77 and the average retirement age being 61, Michael emphasizes the importance of addressing this topic and looking beyond social security as a funding option. He also highlights the standard rule of thumb for taking money out of retirement accounts, the 4% rule, and cautions against following dangerous advice from unlicensed financial entertainers.
Tune in to this insightful episode to gain a better understanding of retirement planning and financial management.
Resources
- Podcast Landing Page: https://www.cuiwealth.com/what-is-the-4-rule-in-retirement-account-distributions
#401k #HR #entrepreneurship #startingabusiness #retirementplanning
Disclosures
Securities and advisory services are offered through Osaic Wealth, member FINRA and SIPC, and a Registered Investment Advisor. Insurance services are offered through CUI Wealth Management, LLC, which is not affiliated with Osaic Wealth. Neither Osaic Wealth nor its representatives offer tax or legal advice.
This communication is strictly intended for individuals residing in the states of (Arkansas, Utah, Colorado, California, Delaware, Michigan, Minnesota, New York, Utah, Wyoming, Idaho, Maryland, New Mexico, Nevada, Hawaii, Mississippi, and Oregon). No offers may be made or accepted from any resident outside the specific state(s) referenced.
Contact Information
- Address: 7730 S Union Park Ave, Suite 250, Midvale, UT 84047
- Phone: 801-505-0548
Social Links
- Website: https://www.cuiwealth.com/
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- LinkedIn: https://www.linkedin.com/company/cui-wealth-management/
- X: https://twitter.com/CuiWealth
- YouTube: https://www.youtube.com/...
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