Listen "5 "Rules" of Finance That You Can Easily Break"
Episode Synopsis
In the financial world, there are many "rules" that have become so ubiquitous that people are really reluctant to break them: Should you never take more than 4% out of your portfolio each year in retirement? Is it always best to wait until age 70 to take your Social Security benefits? These are just a few.The problem with using the words "always" and "never" is that they assume everyone's situation is the same. We know that to be completely false. Sometimes, it's good - maybe even beneficial - to go against the grain and break some of those long-standing rules of finance.Which of them can you (and should you) probably ignore? Find out from podcast host Johnny Dean and Rick "The Professor" Plum, CFP® on this week's episode of Managing Your Financial Future!
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