Wade Pfau reveals the truth about retirement income and return on investment assumptions for your portfolio so that you can plan your financial future with confidence and security.

These facts, based on extensive data and research, are then contrasted with Dave Ramsey’s preposterous claims that you can realistically expect 12% long-term, investment returns resulting in an 8% safe withdrawal rate. The result is clarity around what is possible in retirement planning, and what is not.

In this episode you will discover:

• How to forecast a realistic return on your retirement savings.
• Why your investment return assumptions are critically important to your planning.
• How safe withdrawal rates during retirement are calculated and what amount you should assume.
• The critical difference between an average return assumption (statistical fiction) and the real-world compound return assumption that is affected by sequence of returns risk.
• The difference between safe withdrawal rate research in the U.S. vs. safe withdrawal rates based on international data and why you should be concerned.
• What is a reasonable savings rate to achieve financial security?
• How the wealth accumulation phase is completely different from the spending and distribution phase of retirement planning, and how to plan accordingly.
• And much more…