A reader asks: On this week’s episode, you guys mention that nobody uses the 4% rule. I have been tracking my annual expenses for the last few years and multiplying it by 25 as a ballpark figure of what I need to retire. Is this not a good way to estimate? If not, what do you suggest? Sorry if this is a dumb question, but yes, I have read this in a lot of blogs. I’m sure there are some people who follow the ...

source: https://awealthofcommonsense.com/2024/07/how-much-money-you-need-for-retirement/