Here's Journal Club 07-08-22! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!
- Every individual pursuing financial independence typically needs a plan for their accumulation phase and, later, the withdrawal phase. And as they say, you can’t improve something you don’t measure; it’s important to periodically revisit your strategy once you transition from the saving to spending stage post-retirement. On that note, the Physician on FIRE offers some guidance in the article – Drawdown Strategy Revisited After 3 Years of Retirement.
- More often than not, you’ve probably heard this all-too-familiar financial advice to “max out your 401k account.” However, the Debt-Free Doctor wonders if that’s good advice and takes a closer look at the pros and cons of this retirement account in the article – Is a 401k Worth It Anymore?
That's all for this week! I hope this week's journal club was helpful.
Read any interesting articles? We'd love it if you could please take a moment to share them in the comments below!
Thank you for reading and sharing,
Disclaimer: The topic presented in this article is provided as general information and for educational purposes. It is not a substitute for professional advice. Accordingly, before taking action, consult with your team of professionals.