Optimal Income?
Published: March 19, 2026
Duration: 27:53
Morningstar’s latest research nudges the “safe” withdrawal rate down to 3.9%, but Don and Tom make it clear there’s no magic number—just tradeoffs. They walk through fixed vs. flexible withdrawal strategies, why spending adaptability matters more than rules of thumb, and how your goals (spend vs. leave money behind) shape everything. Listener questions tackle bond fund choices (yield vs. stability), portfolio allocation math, and whether an advisor should pay for a costly tax mistake (short answer: yes).
0:04 The big retirement question: how much can you safely withdraw?
0:32 Morningstar updates the “4% rule” to 3.9%
0:55 Why the...