Investment adviser Morningstar has issued new guidance that changes the conventional wisdom about how much you can expect to withdraw from your investment accounts in retirement.
The revision in the so-called 4% rule has podcast host Mason King worried, and so he and Peter “Pete the Planner” Dunn dive into the details in search of clarity. They also look at new limits for annual contributions to retirement accounts.
Pete also predicts what the omicron variant will mean for the market and why the debate about the debt ceiling might actually be more important.
You can read more from Pete at IBJ.com.
Click here to find the IBJ Podcast each Monday. You can also subscribe at iTunes, Google Play, Tune In, Spotify and anyplace you find podcasts. Here are some of our recent episodes:
IBJ Podcast: Buy your gifts now (and other tips for the 2021 holiday shopping season)
IBJ Podcast: IBJ Podcast: Martha Hoover (Part 2 of 2) on how the restaurant industry is broken
IBJ Podcast: Patachou’s Martha Hoover on surviving the pandemic, prepping to expand (part 1 of 2)
IBJ Podcast: ‘Old-school’ agent Matt McLaughlin hits $1 billion in career home sales for Tucker
IBJ Podcast: Indiana’s workforce leader talks unemployment, labor markets and minimum wage
Looking for another podcast to try? Check out IBJ’s The Freedom Forum with Angela B. Freeman, a monthly discussion about diversity and inclusion in central Indiana’s business community.