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re: Did y'all catch Dave Ramsey rip George Kamel apart over withdrawing 4% from retirement?

Posted on 4/3/24 at 8:07 am to
Posted by tigerfoot
Alexandria
Member since Sep 2006
56710 posts
Posted on 4/3/24 at 8:07 am to
Ramsey is a shock jock that likes to shame people out of debt. It works for his purpose

But if you are a responsible person he offers no advice worth taking.
Posted by Drizzt
Cimmeria
Member since Aug 2013
12989 posts
Posted on 4/3/24 at 2:19 pm to
quote:

But if you are a responsible person he offers no advice worth taking.


90% of people aren’t responsible. If most people followed Dave’s advice they would be better off. It’s not about numbers, it’s about behavior. The vast majority of people overspend and look for a magical shortcut for retirement when it’s really just about understanding a budget, saving, and investing. You can quibble with numbers but Dave helps people more than the financial planning industry and he does it for free.
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