Wise Money Tools

Dan Thompson

Learn everything you want to know about Infinite Banking, Leveraging Life Insurance, Real Estate, Bitcoin, Bitcoin mining and ways to skyrocket your wealth. Dan has been in the financial planning business for almost 40 years. Starting out as a stockbroker, Dan learned quickly that the Wall-Street methods simply do not work. Join Dan on his journey to finding the most predictable, wealth building investments that Wall Street won't tell you about. Don't miss the Wise Money Tools Podcast--with Dan Thompson.

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Wise Money Tools

Episodes (397)

Thu Oct 15th Ep 397 - The 4% Rule Will Wreck Your Retirement
Thu Oct 8th Ep 396 - The Rich Don't Own Assets, They Control Them
Sep 23rd Ep 395 - You're Poor Because of These Words

Wise Money Tools

Oct 15, 2026
6¾ minutes
5 MB

The 4% rule sounds comforting until you stress test it. Say you have $1M in retirement accounts: 4% is $40,000 — but after taxes that's closer to $32-33K of spendable income, maybe $55-60K with Social Security. Now drop that into 2022: markets fall 15-20%, your $1M becomes $816K — about four years of income gone. Next year, do you take 4% of the original million or 4% of what's left? Do you add the inflation adjustment? This is how retirement plans implode, because nobody can predict when the market takes its hit. The rule assumes perfect conditions, and perfect conditions no longer exist. Ysur...

Wise Money Tools

Ep 397 - The 4% Rule Will Wreck Your Retirement

Dan Thompson

00:00 -04:56