Can YOU Afford Retirement? | 4% Rule Explained | Safe Withdrawal Rate

Can you afford to retire? In this video I will explain exactly what the 4% rule is. The 4% rule is also commonly known as the safe withdrawal rate. The safe withdrawal rate is a great metric to use when trying to figure out how much you need to save for retirement, and how much you can actually live off of.
The 4% rule allows you to keep your principal investment amount during retirement, and actually live off the interest, and never touch that original principal amount.
Watch the entire video to learn about the 4% rule aka the safe withdrawal rate!
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ABOUT ME 👇
My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos are a reflection of my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.
This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort in every video that I make. I also believe in complete transparency and open communication with my audience.
Subscribe if you are interested in:
#Investing
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.

[@WhiteBoardFinance]

*Will you be eating dog food in retirement?*

[@sherrysiewert5842]

Yes, but only the best!

[@tonyj8947]

Low quality dog food!

[@WhiteBoardFinance]

@@tonyj8947 LOL

[@zjgvergara]

Yeah, spam and rice diet

[@TheRextc]

Dollar Menu at McDonalds. Might be made of dog .

[@christopherpaul5]

Most Americans find it hard to retire comfortably amid economy downtrend. Some have close to nothing going into retirement, my question is, will you pay off mortgage as a near-retiree, or spread money for cashflow, to afford lifestyle after retirement?

[@ScottArmstrong12]

as most investing-related questions, the answer is, it depends.. my best suggestion is to consider advisory management

[@ritalorrigan]

Agreed, the role of advisors can only be overlooked, but not denied. I remember in early 2020, during covid-outbreak, my portfolio worth around 300k took a slight fall, apparently due to the pandemic crash, at once I consulted an advisor in order to avoid panic-selling. As of today, my account has yielded big fat yields, and leverages on 7-figure, only cos I delegate my excesses right.

[@KevinClarke9]

this is huge! mind if I look up the advisr that guides you please? only invest in my 401k through my employer for now, but enthused about diversifying my investments for a prosperous financial future

[@ritalorrigan]

The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Natalie Lynn Fisk‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.

[@KevinClarke9]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@AUstinnesc]

Currently working overseas but will return to my home country in the near future. I'm a landlord. I invested in property at the age of 22. Value has soared and renting out. Will live on the rental income I receive and live with my aging parents for the time being. At 60 I can withdrawal from my superannuation (401(k)). Have savings and eligible for the Australian pension at 63. In the future I may downsize, sell the property and buy cheaper property and add the left over money from the sale to savings. Lots of options for me. The way I see it if you have $1m at some point, that’d be enough to create a portfolio that would pay you between 50k-70k in dividend income...

[@sherryie2]

I've been saying the same thing for years as you age time gains value and money loses value. I retired at 62 and moved to the Philippines after I recovered from a work place injury. No stress, no rent/mortgage/debt, cheap to live here, eating healthier and the wife here treats me like gold. It doesn't just depend on saving, To optimize financial outcomes, individuals can seek guidance from a qualified financial advisor who can provide tailored advice and strategies to minimize expenses and maximize income.

[@corrySledd]

@@sherryie2 I completely agree; I'm 60 years old, recently retired, and have roughly $1,250,000 in outside retirement funds. I have no debt and very little money in retirement funds compared to the total value of my portfolio over the last three years. To be honest, the Fin-advisor's can only be neglected, not rejected. Simply conduct study to identify a reliable one.

[@McElvinn]

@@corrySledd This is exactly how i wish to get my finances coordinated ahead or retirement. Can I get access to your advisor?

[@corrySledd]

@@McElvinn My advisor is NICOLE DESIREE SIMON , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

[@McElvinn]

@@corrySledd she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing

[@tammymontano4292]

I love smart money. Sad when KZbin can give you a better education than traditional schools

[@meganwatson5540]

Tammy Montano I show my children these videos. One of them is interested and seeks them out herself (she’s about to be 13 in a few days) and the other thinks it’s annoying... either way, Im grateful for the internet. I think it was Jim Rohn who said, “A job can make you a living and self education can make you a fortune.”

[@nancymorrison9978]

Not only do we get a better education, its debt free!

[@kabloosh699]

Nah man. KZbin is a massive bargain compared to school, and freely available to anyone.

[@aeksinsang932]

True that

[@myaparker]

ikr

[@thefinderskeep1680]

Dude I just binge watched your channel like a Netflix show

[@WhiteBoardFinance]

Lmao thx

[@plebinil]

me too

[@PLFORTE1]

You've got this nice calm way of talking, very soothing, easy to listen to, really great stuff here

[@jaredvizzi8723]

How many people instinctively nod their head when Marko asks, “ Does that make sense?”

[@WhiteBoardFinance]

LOL!

[@FrankO-ek1ec]

🤣🤣🤣🤣

[@FrankO-ek1ec]

Guilty

[@mattlaeff724]

Makes CENTS.

[@kimmerzwhe5306]

Very good video, completely the best explanation I have seen so far.

[@tonykokjohn]

Very helpful, we have been following this basic 4% rule our entire working career as our way to know what our savings goal is. If you know know how much you need, you dont know how much to save, if you dont know how much to save, you have no way of knowing if you are saving enough/too much. Glad I found your channel! I wish all young working people would follow you and set up their goals and budgets early in their earning years so they have the time for their investments to get them where they need to be financially. Most of them just spend everything and dont save early enough.

[@superswingtrader5388]

Thank you for these wonderful finance videos Marko! And the way you explain things you are a natural professional

[@MosesSalgado]

So glad I found this channel! Thanks for the great info.

[@nathanbardage1318]

Great work Marko! Authenticity is your power, keep it up.

[@kogi04]

Your videos are great. This information is not news to me. But I still enjoy listening to you explaining this and confirming my strategy and way of approaching this topic. Keep em coming!

[@calvinraab8798]

Love how you never touch the principal! Pretty cool that after 20+ years of living your life without working you still have the same amount invested that you started with!

[@WhiteBoardFinance]

Exactly! The goal is to build the nest egg big enough to be able to whether any storms of down times in the market!

[@spocksvulcanbrain]

This is waaay to simplified. He hasn't shown that you won't get 4% per year. You have to withdraw enough to END UP with 4% after taxes. So you will most likely have to take out 5.5 to 6%. So the IDEA he is presenting is ok, but the numbers are off. He's doing it backwards. 1. Figure out how much you need AFTER taxes in retirement 2. Figure what tax bracket that will put you in 3. Add those taxes back to amount in #1 4. Reverse calculate to determine how big your nest egg will need to be at retirement. Example: 1 = $60,000 2 = 15% tax bracket (most likely) 3 = $60,000 x 1.15 = $69,000 4 = 25 years x $69,000 = $1,725,000 That is $225,000 more than the amount obtained using his method.

[@stevensolomon9267]

@@spocksvulcanbrain Absolutely correct. Move to a state with no income tax like Florida.

[@zap900]

@@spocksvulcanbrain better you pay 15% tax from 500K , than 0 % from 200 bucks on your bank account

[@spocksvulcanbrain]

@@zap900 I'm not sure of your point.

[@minwooyah]

Such a great speaker. Every word was heard loud and clear. TY!

[@williamg.686]

Very useful and important information. Could definitely plan for this.

[@nemonemo6285]

Perfectly explained, great video helping other people. Thank you.

[@eyemanpb]

Thank you for this channel. It took me a while to discover this. very informative and good finance education

[@johnpaglia8231]

New subscriber and loving it, thank you Marko

[@lourdescrohare5858]

Excellent. Very well explained.

[@markthompson1796]

Great video, bro. Thanks for taking the time.

[@jucaguima]

Thanks for showing real exemples!

[@WhiteBoardFinance]

Thanks for watching

[@TravelSmallLiveBig]

Excellent explanation! We've been doing this for the last two years, but I figured it out by the day. I write down every penny we spend and then average it out. We are always way under what we could be paying ourselves so after watching this I feel really good! Thanks!

[@paulj2383]

Excellent practical information, especially since the best and worse case scenario is considered.

[@winstong7438]

I like this guy's videos, simple and easy to digest.

[@hojo70]

This was the best explanation I've seen so far, thank you!

[@dougz2855]

Thanks for the info. Subscribed and shared!

[@FreeNachos]

Great video thank you! Subscribed

[@wts7273]

I so appreciate these videos. You explain things so clearly! So helpful!

[@NipkowDisk]

When I look back over these past 40 years of my employment, I never thought the world today would look as it does now. In retrospect, I am really glad I stayed in the public sector all this time because when I retire in the next one to three years (assuming I make it), I will get a pretty decent defined-benefit pension for the rest of my life.

[@WhiteBoardFinance]

You are very lucky. Imagine being a young person who will have no pension or social security

[@NipkowDisk]

@@WhiteBoardFinance Indeed. Individuals nowadays are a great deal more responsible for providing their own nest egg, which requires constant exercise of discipline and regular evaluation of long-term goals.

[@antoniodavila9540]

Great way of articulating this topic

[@studentsofmoney2653]

Living on your moneys interest is a huge milestone in your financial life!!! Love it.

[@WhiteBoardFinance]

Thanks for watching!

[@stevenharris6626]

You explained the 4% rule fantastically!! I finally understand it!! Thanks Mark!

[@stefanyescobar6305]

Thank you so much for this video. I didn't understand what the 4% rule was until I saw your video.

[@2eyeluvmac2]

Another great video. Thank you.

[@mochaticha5944]

Best explanation on the 4% rule. Clear and precise. Thank you

[@SirYenko_]

Well done! Love the breakdown! now i know what exactly i will be looking for based on this rule

[@WhiteBoardFinance]

Thank you

[@mattlaeff724]

Easily the best examples of the 4% rule on the internet. Kudos to you -

[@bunnywhowho4297]

All good info. Just wait till your turn 70 1/2 then you will be required to take minimum distributions ( though you wont have to spend it, maybe put in a high interest savings? ). You lose more of your "nest egg" to grow off the interest

[@njcranes]

Thanks for the vid

[@johnbruenn8755]

Excellent explanation! Thank you.

[@gabriellarosa5015]

Great explanation! I am part of the fire movement, few more months and I am free from 9-5. It is possible to all of us!!

[@Dowspirit]

Nice Job!

[@shawnbrown9876]

Great video!

[@blainetanner5531]

Thanks man!!

[@R1M1r1m1]

Best explanation! Thanks!

[@redpilllense7125]

Marko, you are God sent! I'm a mid 40s divorced guy making $75K a year. I lost EVERYTHING in divorce and never thought I could recover financially. But now you've given me hope. My goal is to maximize my 401K and Roth IRA options. Ideally, I'm aiming to invest $25K every year. I plan to work 20 more years at my job. That's $500K before earned interest. I'm VERY excited for my future!

[@WhiteBoardFinance]

nice!

[@Andreshponton]

Love your videos.

[@davidsmiottawa]

Way oversimplified - which is what makes your video understandable - Thanks!!!

[@WhiteBoardFinance]

Thanks David!

[@mitchumsport]

maybe also a video on managing portfolio risk approaching and early on in retirement. thank you for this video :)

[@scottdougall6004]

Great video. For those reaching their investment goals, always consider wealth preservation as a method to assist in shielding your money from a significant market correction. Transition from aggressive to moderate, then perhaps low risk. Even the most renowned financial analysts cannot seem to agree on the fickle markets. 2.5% low risk on $1,250,000 is still $31k per year. Then add some liquid savings and government pension......and there’s your 50+k.

[@ajegli6736]

That's good stuff!

[@WhiteBoardFinance]

Thanks AJ

[@gabrielpino4735]

I appreciate you breaking it down to the lowest common denominator. I have no money awareness so all of your videos are extremely helpful. One thing im still unsure of is where do I physically find the market value you mentioned (that 6-10% example)? Again, idk nothing about nothing...yet

[@DustinWoloschuk]

Awesome video!!

[@WhiteBoardFinance]

Thanks Dustin

[@InvestingRobinhoodInvestor]

Great way to calculate if you're on track for retirement!

[@WhiteBoardFinance]

thank you! agreed!

[@erikhopkins9488]

Marco, great video! But I'm going to need about 8%! Lol!

[@deltas4587]

GREAT VIDEO!!! i cant wait to watch every video I click :P

[@WhiteBoardFinance]

haha thank you, that means a lot to me

[@Roscoe_B]

Well done !

[@WhiteBoardFinance]

Thank you

[@thecurtisfamily3810]

Great video.

[@bigwetbutt]

Once you notice Marko's mustache floating unconnected to his beard, it's hard to un-notice it. Thanks for the video (as always).

[@WhiteBoardFinance]

I'm a trendsetter

[@imDanoush]

Awesome!, Thanks.

[@WhiteBoardFinance]

My pleasure, thanks for watching!!

[@stevethomas760]

Marko, excellent presentation. Da man will want his pound of flesh (taxes) when you withdraw your 4% (unless it's a Roth). Can you do a video of RMD? I'm going to start next year and it's as clear as mud. Thank you

[@Bulletcore]

I am soo old I don't know if I will hit my retirement goal. I waited too long so grt started. Great video I wish I saw this in my early 20's.

[@bannertraveller5879]

Was there internet when you were in your early 20s? hehe

[@Bulletcore]

@@bannertraveller5879 there was intrenet when I was but I was not interested in this topic at the time 😔

[@nancymorrison9978]

You're not alone bulletcore. I didn't really start until I was 50. I'm 63 now and doing my best to catch up. I may not reach my goal retirement amount but I will be better off than if I did nothing.

[@KevinW3278]

He is talking about maintaining the balance but you can still use it in a simple method. You can take out 4% per year and it will last 25 years (account balance reaches 0) without accounting for any growth or losses. So if you are older when you start taking it 25 years may be long enough.

[@chueyang7221]

Great video. Thanks for sharing the knowledge! If only school teaches us about finances when we were young, there wouldn't be so many people broke

[@dph22013]

Good stuff. I like to discount the extrapolated amount over 25 years in current dollars to put in perspective. 😊.

[@mikesmyth8139]

Very informative video.

[@zjgvergara]

Ballin 🤑 😎 at retirement. 😂 Hilarious and informative videos!!

[@mirzakhan8821]

True right now I am living day to day

[@thedailystruggles7539]

my math teacher never told us this. THANKS BRO

[@WhiteBoardFinance]

Thanks for watching!!

[@anewcreature7]

that's why he's a school teacher....

[@rockyali8305]

The democRATs want schools to be just the way they are, to educate kids to be dumb workers when they grow up, and teachers are just the right tools to use.

[@fitnesslifehk6144]

thanks for sharing. by the way, even though without this theory, To spend only 4% of total asset plus 3% inflation=7% of total. If stock earning can hit 7% per annual, of course it won’t hurt your principle because the earning can offset the expenditure. it’s just a simple math. The main point is how to keep the average annual earning at 7%, may be keep in high yield stock and ETF, mix with high growth stock.

[@HokieAlum08]

Good video. I wish you touched more on asset allocation. There is a study out there, I forget who did it, but it looked at the 4% rule based on different portfolio allocations (equity/bonds) over the last 100 years, even taking into account starting your retirement on those really bad recessions. If my memory serves me correct the 60/40 equity/bonds was the one experienced the highest success rate while more conservative and more aggressive approaches didn't do as well.

[@aussietaipan8700]

I'm planning to retire in 2027, I'm investing 20% of my monthly wage into super so my wife and I can live fairly well. Like George below we own our houses outright and no debit at all, I keep a monthly expense spreadsheet so I know exactly how we spend our money . This is how I planned it from my early 20's.

[@WhiteBoardFinance]

Smart good luck

[@texastanjore]

Marko, some points to ponder: 1) I believe the 4% rule is based on a 60/40 stock/bond allocation. 2) timing is everything - if the withdrawal starts at the start of a bear market a safer withdrawal rate would be 3% or lower. 3) a Stanford U study showed that for older retirees that social security payments and RMDs (which are between 3 & 4%) would provide adequate income.

[@clemslee]

Great videos Marko! Does the financial Independence number take into account inflation? If monthly expenses today are $2000 but planning to retire in 20 years those expenses would be much larger.

[@Simply_Ngon]

Live long and prosper.

[@rickvangils100]

The math makes sense but the problem is that although the stock market has averaged some 10%ish historically, there is no guarantee at all it will stay that way. There are many global challenges that can severely impact the economy in the next 30-40 years but right now we don't know how this will pan out. Things like overpopulation, climate change, population ageing are major worldwide concerns so there is really no way to estimate how the economy will develop long term and thus the stock market. I think the safest way to invest for retirement is to try and build up a sizeable real estate portfolio that you pay off before retirement and will give you net cash flow every month which you can survive off of. On top of that you're building up 401k and roth. This way you're putting your eggs in multiple baskets and spreading risk. I wouldn't bet my entire retirement plan on a 401k or roth which are mostly stock investments.

[@zlatigol9]

Very interesting. I never thought about retirement liek this

[@WhiteBoardFinance]

Im glad I could help Dougie!

[@stupibe]

In the downturn (the next couple of months) if you time it correctly (very hard) would you recommended going into bonds or 10yr US treasury notes (AAA credit) with minimal growth in a recession and maybe catch the market on the way up and really capitalize? Watching your videos reminds of doing my MS.its refreshing my memory, Just takes me back...good stuff. I am glad I paid attention and i am living the dream and have financial freedom. I am on pace as we speak for the 4% rule and waiting on recession to capitalize like i did on the last one. Subscribed and hit the notification bell. Thanks again!

[@AngelofHogwarts]

Is stocks a safe way to go considering the FED's free money printing press and the everything bubble we're in? :/ I agree with Mike Maloney's line of thinking so I was leaning more towards precious metals and BTC. Your opinion? Can you make a video on that?

[@mjpascuzzi]

Compound interest is your best friend!

[@dph22013]

Mark Pascuzzi amen. I’m thankful I realized that when I was 10. CI and time are man’s best friend next to their dog. 😊

[@BlackieMiles1]

Marko, Great videos! Q: What about the mandatory withdrawals based on actuarial tables? Would they not drawdown a 401k at an accelerated rate?

[@Grumptr0nix]

Appreciate your videos, especially this one. I'm 33 right, but I'm really interested to see how the markets will be in another 30 years from now...

[@WhiteBoardFinance]

No one knows. They may not even exist.

[@biljanas7931]

Marko - WhiteBoard Finance ..... so true

[@Lyle-dc5ki]

That's the thing though. I am 27 right now. I have created a financial road map. But I wanna retire before 40. I wanna break the cycle. I don't wanna retire on 'retirement age'.

[@WhiteBoardFinance]

gotta make a plan lyle :)

[@rockyali8305]

Lyle, I hope your not one of those young millennial liberal turds wanting a handout from the gov't. "pay off my student loan", "raise the minimum wage", "we need more taxes" etc etc!! Otherwise, I'm sorry to say bud you will not make!! (I am a successful 40 year old who worked hard, played hard, and saved hard, yet never made six figures in my life and yet I am proud to say that IF I choose to, I can afford to work part-time for the rest of my working years)

[@jlshoem]

My credit rating sucks, because I have absolutely no debt. That is a major key for retirement. Investing in exchange trade and standard mutual fund with dividends around 5% helps a lot. If you have a car loan, when you finish paying it off, start putting that same amount into your savings account, or invest it. When you get a raise, add that amount to pay off your mortgage early.

[@elizabethfalcone4889]

Nice job presenting Marko. Couple touch points though. Understand that most retirees net worth will be in qualified assets and will be REQUIRED to draw more than 4% 2 years beyond RMD age. Also, why would you not want to touch principal? Legacy plan for qualified money other than ROTH not really the most efficient. I'd hate to wake up one morning at 89 and realize I have a whole lot of assets I should have enjoyed in my 60's and 70's when most people still have the ability to. Create an income plan with maximizing withdrawal with least risk of running out. Sequence of return risk is real and will definitely change the composition of a portfolio in withdrawal. 6-10% assumption would require heavy equity positions. If you retired early 08', no way you are emotionally strong enough to stay full equity while withdrawing.

[@WhiteBoardFinance]

Agreed.

[@jimmyburnwal]

Looks more like PinkBoard Finance😁 BTW loved the explanation

[@tagon2962]

Yap, thx you for sharing sir. In Indonesia we have annual return on index average 12%

[@gravymatt]

Good production on your videos, just curious what your setup is ? Camera - ? Microphone - ? (looks like a wireless? Lighting - 2 lights? Thanks in advance!

[@WhiteBoardFinance]

Canon 70D, Zoom H1, cheap amazon lights

[@BHatMusic]

Good information. Just remember that it assumes at least 6% interest on investments (which are never guaranteed but possible) and no more than 2-3% inflation (again not guaranteed but historically average). I am not sure how many people are comfortable throwing all their investment savings into the stock market. The safer approaches will not get you 6%. Everything is relative and never guaranteed, but having this type of basic understanding is critical to anyone looking at retirement.

[@pwk22]

Agreed. If you are seventy years old, you should be in a low-risk equity / bond /cash-equivalent portfolio. It's unreasonable to expect a 6% return for the general geriatric.

[@bannertraveller5879]

@@pwk22 Plenty of money to be made at the casinos LOL

[@vturchi]

Right: that's why I'm preparing different scenarios considering for example mean returns about 3-4 %. and some period of increasing inflation, in order to be more cautious. Anyway the model you can apply is the same presented by Marko, in case also "dynamic" with different returns and inflation year by year.

[@darrenmcinerney2212]

I think you need your retirement to be invested in all equities to get this result explained?

[@kristinab1078]

And here we are in 2023 with a high inflation rate and weak returns on investments...which proves your point!

[@DeanBKK]

For me, I've worked out I need $900k in retirement ($36k/year x 25 times annual expenses). At $36k/year ($3k/month) I will be pretty comfortable and I plan on retiring in a lower cost of living country (ie. Thailand). By that point my mortgages on 2 properties will also have been paid off which will be rented out, which will also aid in additional income during retirement.

[@RealLifeMoney]

Live on your money forever!

[@WhiteBoardFinance]

as long as the market doesn't turn over an extended period of time, I hope so!

[@RealLifeMoney]

That’s the plan 😉

[@GaryMcNeel]

Really like your channel and share it with my son who is getting finance degree. Have you covered Annuities? That comes to mind here. Not the same, but perhaps safer for less disciplined people.

[@bmmk12]

I love that the 4% Rule also shows that you don't need a multi-million net worth to retire. Just a respectable amount of assets and they will outlive you so you can pass it all along after you die. And when you calculate in other income sources like Social Security, Pensions, rental income, side hustles, etc. you don't need a whole lot

[@WhiteBoardFinance]

Exactly! I just hope social security is around when I'm in my retirement age :)

[@bmmk12]

Yes, I'm only in my early-Thirties... To be honest, I'm not even calculating that as a possibility. If it's there, slush fund money! :)

[@WhiteBoardFinance]

@@bmmk12 same, I'm 31 and probably won't see any of it. That's why I've maxed out my Roth IRA since 22 years old

[@bmmk12]

@@WhiteBoardFinance I'm 33 and have been doing my ROTH since I was 28. Enjoying the journey!

[@WhiteBoardFinance]

keep it up. put away $500/mo and you'll be fine

[@joelfranco9451]

Hi Marko, Thank you for the information you provide in your channel it is very helpful. I had some questions, when you get to retirement and say you have a total market fund, a total market international fund and a total market us bond fund. If I'm drawing 4 percent. How does one start withdrawing the money. Which funds do I sell? Do I start selling the 4% across all three funds or do I sell first one over the other. Is there a rule I can follow on which funds to sell to not run out of money? Thank you in advanced.

[@sohansingh6072]

thanks a lot

[@jerrygarcia113]

I'm so glad General Mills bought Blue Buffalo. I have GM stock!

[@richardmonson8657]

Cap rates of 6 percent for residential are not always available when considering upkeep, depreciation and months without occupancy. Agree some degree of diversification is likewise good....but you never get a call from the stock market on Sunday night saying the air conditioner is out.

[@floydestelle6242]

Between my SSN and what i can draw from my IRA, never had so much money!

[@gdobie1west988]

I think overall your video is good, except in retirement, your 6-10% return is assuming the whole portfolio is in stocks. Most people I follow recommend a balanced approach nearing or in retirement, say 50% stocks or 40% stocks depending on your risk tolerance. While there are maybe a few tweaks, the overall idea is sound, imo.

[@briank5877]

My mom is retired and 90% in stocks. 10% cash and money markets. She has more dividend income than she knows what to do with. Never eats principle unless is a good tax move. If you invest in high quality dividend stocks market fluctuations won’t bother you. Also living modestly but splurging for experiences helps too.

[@jeffwagner8108]

Some people have pensions. Also toss in social security.

[@WhiteBoardFinance]

Agreed. that's not the target audience of this video