Topic 1: The industry has responded loudly to an announcement by Dave Ramsey that he would be comfortable about taking 8% a year from a retirement account. ⁠Here is what Rob Berger has to say⁠ In a recent video answering a caller's question, Dave Ramsey described those promoting the 4% Rule as "stupid," "goobers," and "morons. He described the 4% Rule as stupid and said he's "perfectly comfortable" with an 8% withdrawal rate.

In this video, I'll describe his rationale and why I'm "perfectly comfortable" telling him he's wrong. 

⁠New Retirement⁠⁠FICalc⁠⁠Dave Ramsey Video⁠ ⁠

Here is the latest from Morningstar on withdrawal rates⁠ ⁠

And another good article from Amy Arnott from Morningstar

In my discussion I try my best to explain the real thinking by Dave Ramsey. 

Topic 2: “ iShares just came out with target date funds as ETFs. What are your thoughts on their returns and their tax efficiency?

Topic 3: Today I listened to my 1st Youtube Paul Merriman video --- your ⁠Ultimate Buy & Hold Update 2023⁠. Very intrigued by your strategy as I'm also a DIY investor. Since I'm retired & 62 years old with a wife that will be working for another 3 years, can you direct me towards your more specific information that would be more relevant to my situation?

Topic 4: ⁠New study on market timing vs. buy and hold from Vanguard