Recently, on his popular show, @DaveRamsey, a well-known, "financial expert" dismissed the common advice to withdraw only 4% of your retirement savings annually as "moronic," advocating instead for an 8% withdrawal rate. In this video, @Josh with @MillardFG and @erinkennedy talk through whether and when an 8% withdrawal rate makes sense.

Finding the correct withdrawal rate will vary from person to person. To find that number, you need to account for life expectancy, spending habits, and market conditions. Finding that number will ensure your savings will last throughout your retirement while allowing you to maintain your desired lifestyle.

If you'd like to find your own unique, personalized withdrawal rate (keeping in mind that the rate should be revisited often), please give Josh a call at xxx or visit www.MillardFG.com

#DaveRamsey #WithdrawalRate #Retirement #FinancialAdvisor