Alternative to the 4% Rule - The Vanguard Dynamic Spending Rule Explained 

In this extract from episode 430 of the Money to the Masses podcast (recorded on 8th September 2023) I explore an alternative to the 4% rule for retirement income, known as the dynamic spending rule.
I explain the 4% rule and then take a close look at the Vanguard dynamic spending rule as an alternative. I take an in-depth look into this method, and show you an example of how it works.
I also direct you to a free online tool you can use to plan your own dynamic spending strategy.
Check out the full podcast episode 430 below: moneytothemasses.com/news/pod...
00:00 - Alternative to the 4% Rule - The Vanguard Dynamic Spending Rule Explained
00:12 - The 4% Rule Explained
01:10 - Debunking the 4% Rule
02:44 - Alternative to the 4% Rule
03:44 - Vanguard Dynamic Spending Rule
04:41 - Dynamic Spending Example
10:05 - Vanguard Research Paper
11:09 - Conclusions from Vanguard Research
14:05 - Summary
Podcast episode 210, "Debunking the 4% rule" - moneytothemasses.com/news/pod...
Vanguard white paper - corporate.vanguard.com/conten...
Plan your own dynamic spending strategy with FI Calc - ficalc.app/
80-20 Investor (Take out a free trial) - moneytothemasses.com/become-a...
#retirementplanning #vanguard #retirement
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