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    3 Dated Rules of Thumb Retirees Should Think Twice About

    by Frederick W. Miller, Investment Adviser Representative Aug 11, 2022 3 minutes

    Wouldn’t it be great if following just a few “one-size-fits-all” financial formulas really could make planning a successful retirement less problematic?

    Unfortunately, there’s no such thing.

    Oh, sure, there are theories and guidelines and strategies. And some can be helpful as a starting point for financial planning. But there also are some widely used rules of thumb that can end up pointing retirees in the wrong direction, leading them toward a bumpy future.

    And this is not just because we’re all different, with different challenges, goals and paychecks. (Although that’s a big part of it.) But there also is

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