Ep 25: Obsolete Retirement Planning Ideas

There are plenty of financial planning strategies that have been passed down to each generation without losing effectiveness, but not everything can stand the test of time. Today we’ll identify five planning ideas that are either becoming obsolete or already hold little value anymore.

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The Game Plan

Without a proven financial plan in place, it’s easy to follow rules that you’ve either read or heard about without knowing how well they fit your retirement goals.

On this episode, Dale will tell us about five different planning strategies that don’t really work like they used to (or maybe never did). Here are the planning ideas we’ll tell you about:

  • The 4% rule
  • 10-5-3 rule
  • Moving from stocks to bonds for safety.
  • Picking a specific number out for retirement without a plan.
  • Needing less income in retirement

Listen to the full episode or click on the timestamps below to skip around to specific topics.

The X’s & O’s

Check out the timestamps below to skip around to specific topics on the show.

[2:54] – The 4% Rule

[6:11] – The 10-5-3 Rule

[9:04] – As we age, we should transition away from stocks and into bonds for safety.

[10:28] – Tagging a certain number as what you’ll need for retirement. 

[13:59] – You’ll need less income in retirement.


When you’re looking at mutual funds and you’re looking at a diversified group of stocks for example, I think that 10% (return) is way too generous.

– Dale Tondryk

More To Explore

Ep 73: Getting it Right: Irreversible Financial Decisions

There are plenty of decisions that you’ll make in the retirement planning process that can’t be undone, so you want to make sure that you make the right call. In this episode, we’ll explain why these decisions are so important and can’t be undone.

Ep 72: Can’t Get No Satisfaction… Or Can You?

Want to know the secrets to experiencing satisfaction in retirement? We’ve discovered five key situations in which your financial plan needs to lead you. If you can key in on these five points, you’ll have a high chance to achieve retirement satisfaction.

Ep 71: Going Against the Grain to Achieve Your Retirement Goals

Being a good advisor isn’t about winning a popularity contest or just saying the same things that everyone else in the industry says. It’s about giving the best advice that you can for each individual situation. On today’s show, we’re going to peel back the curtain to discuss some areas where a good financial advisor’s opinions might go against the grain with mainstream ideas in the industry.