Tag Archives | withdrawal rates

Play Wisely With FIRE Movement

“What do you think of the FIRE movement?” a reporter asked me recently. I told her I was ambivalent about it. The FIRE acronym in this context stands for “Financial Independence, Retire Early.” While a Harris poll done in late 2018 found most people over 45 had never heard of the FIRE movement, it apparently […]

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NYT Blogs On Dave Ramsey’s 12% Solution

A post by Ann Carrins and Ron Lieber on the New York Times “Bucks” blog references my recent article regarding the fallacy of Dave Ramsey’s assertion that anyone can earn 12% annually by putting all their funds in “good growth mutual funds.” The Times phoned Ramsey for clarification as to why he maintains this position in light […]

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