Recently, on his popular show, Dave Ramsey, a well-known media personality dismissed the common advice to withdraw only 4% of your retirement savings annually as "moronic," advocating instead for an 8% withdrawal rate. In this video, Dustin with Mundorf Wealth Management and Erin Kennedy talk through whether and when an 8% withdrawal rate makes sense.
The relationship between risk and return is fundamental when it comes to investing. As Dustin with Mundorf Wealth Management explains to Erin Kennedy, higher returns often come with higher risk, and lower risk often means lower potential returns.
Taxes are set to increase in 2026. And even though it may not feel like it, we are living in a time of historically low tax rates. In this video, Dustin with Mundorf Wealth Management and Erin Kennedy talk through the pros and cons of a Roth Conversion for someone in their 70's.
You'd think any kind of income would be good, but phantom income, and the taxes that come with it, can take a lot of investors by surprise! Dustin with Mundorf Wealth Management and Erin Kennedy want to make sure you know how to avoid it. Here they talk through some smart tax strategies to consider, including investing in ETFs (exchange traded funds) instead of mutual funds.
Roth accounts are an amazing tool when it comes to creating wealth. Roth IRAs are not subject to probate and can be passed on to heirs tax-free. They also grow tax-free! If you're considering a Roth Conversion, Dustin with Mundorf Wealth Management and Erin Kennedy walk through 3 key considerations:
The age-old debate continues: should you pay off your mortgage early or invest for the future? In this video, Dustin with Mundorf Wealth Management and Erin Kennedy talk through whether the answer to that question has changed considering the high rate on "safe returns" for your lazy money and low interest mortgage rates.