A lot of advice for investors that don’t work with an advisor come in the form of general rules that people can follow. While many of these rules serve a purpose and provide direction, some of them are becoming more and more outdated over time. Let’s look at four financial rules that you might have heard and tell you why it might not be a good idea to follow them anymore.   and get additional financial advice here: http://makeretirementwork.com/374/ep-4-4-financial-rules-that-might-be-outdated/    Today's show schedule:  1:12 – The 4% rule 4:31 – The 10-5-3 rule 7:07 – General rule: Move from stocks to bonds as we get older. 8:49 – The million dollar rule

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