About this episode
James debunks six popular rules of thumb that can actually do more harm than good when it comes to retirement planning. From the 100-minus-your-age stock allocation rule to the 70% to 80% income replacement myth, James breaks down why rules like these can be counterproductive and suggests alternative strategies that will help you create a personalized financial plan that meets your unique needs and goals. Questions Answered: Which rules of thumb should not be universally applied? What can you do instead? Timestamps: 0:00 Introduction 2:36 The First Rule 5:57 The Second Rule 9:04 The Third Rule 11:48 The Fourth Rule 14:04 The Fifth Rule 18:08 The Sixth Rule 20:09 How to Measure Risk 22:02 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!