What Works Wednesday - Dynamic Retirement Income Planning with Justin Fitzpatrick
The Perfect RIA
00:00
Retirees Have a Superpower
Dynamic distribution rates have a higher initial withdrawal rate Trapped in around this is then like a 4% really we all think of like the 4% rules So if you're doing dynamic distribution rates at somewhere north of 4% In a way you're adding increased liability to your firm. Their attorneys will have a hey date with the fact that you were distributing at 6.2% because your calculations were wrong Yeah, it's funny like those those rules of thumb only go so far and that's not very far as I could throw you.
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