3023: Trouble with the 4 Percent Rule by Jillian Johnsrud on A Flexible Approach to Financial Independence

Optimal Finance Daily - Financial Independence and Money Advice

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Episode 3023:

Early retirement enthusiasts often base their plans on the 4% rule, but Jillian Johnsrud highlights the emotional and psychological challenges this approach can create. By exploring how transitions like leaving work can disrupt the satisfaction of earning and saving, Jillian advocates for a more personalized and flexible approach to financial independence. Her insights empower listeners to design retirement strategies that align with their values and happiness, instead of rigid formulas.

Read along with the original article(s) here: https://www.jillianjohnsrud.com/trouble-with-the-4-rule/

Quotes to ponder:

"A plan that felt a little more palatable when the time comes to leave your 9-5 job."

"Transitions deregulate us. Every time."

"You can have 100% confidence in the 4% rule and still not enjoy pulling out 4% a year."

Episode references:

Tickets to EconoMe Conference: https://economeconference.com

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