🎙 Welcome to Passive Pockets, In this episode, Jim Pfeifer and guest Chris Miles dive into the power of passive income as the cornerstone of financial independence. They challenge traditional financial strategies like the 4% rule, exposing their flaws and risks—such as sequence of return risk—and champion the benefits of investing in real assets over paper assets.
Chris shares personal stories that illustrate the pitfalls of the “save and hope” approach, relying solely on mutual funds, and highlights the importance of prioritizing cash flow over net worth. The conversation uncovers strategies for enhancing passive income through tools like cash value life insurance and HELOCs while stressing the need for liquidity in investments. Tune in for practical advice on building a diversified portfolio that mitigates risks and maximizes returns.
Think the 4% rule is the golden ticket to retirement success? Think again! In this video, host Jim Pfeifer breaks down why this popular financial strategy might not be as reliable as it seems. Learn the common misconceptions, the risks you could be taking, and better strategies to build a retirement plan that truly works for YOU.
Don’t let outdated advice derail your financial future—hit play now to get the facts!
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