Dave Ramsey Says $1 Million Nest Egg Should Give You $80,000 Income 'Forever' — But 'Bogus Math' Claiming 4% Withdrawal Steals Hope

Benzinga_recent_news

May 25

Dave Ramsey jumped directly into that debate during a call on "The Ramsey Show" when a 30-year-old listener named Jay asked whether widely accepted withdrawal-rate advice was making retirement look ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/2638550326"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2638550326\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2638550326?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/cdn-cgi/image/width=240,dpr=2,format=auto,quality=85/files/images/story/2026/05/25/Small-Steps-To-Protect-Nest-Eggs.jpeg","is_english":true,"pubTime":"2026-05-25 23:01","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2638550326","market":"sh","top_or_hot":-1,"title":"Dave Ramsey Says $1 Million Nest Egg Should Give You $80,000 Income 'Forever' — But 'Bogus Math' Claiming 4% Withdrawal Steals Hope","media":"Benzinga_recent_news","content":"<div>\n<p>Dave Ramsey jumped directly into that debate during a call on \"The Ramsey Show\" when a 30-year-old listener named Jay asked whether widely accepted withdrawal-rate advice was making retirement look ...</p>\n\n<a href=\"https://www.benzinga.com/news/topics/26/05/52766783/dave-ramsey-says-1-million-nest-egg-should-give-you-80000-income-forever-but-bogus-math-claiming-4-withdrawal-steals-hope\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dave Ramsey Says $1 Million Nest Egg Should Give You $80,000 Income 'Forever' — But 'Bogus Math' Claiming 4% Withdrawal Steals Hope</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDave Ramsey Says $1 Million Nest Egg Should Give You $80,000 Income 'Forever' — But 'Bogus Math' Claiming 4% Withdrawal Steals Hope\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-25 23:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/topics/26/05/52766783/dave-ramsey-says-1-million-nest-egg-should-give-you-80000-income-forever-but-bogus-math-claiming-4-withdrawal-steals-hope><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dave Ramsey jumped directly into that debate during a call on \"The Ramsey Show\" when a 30-year-old listener named Jay asked whether widely accepted withdrawal-rate advice was making retirement look ...</p>\n\n<a href=\"https://www.benzinga.com/news/topics/26/05/52766783/dave-ramsey-says-1-million-nest-egg-should-give-you-80000-income-forever-but-bogus-math-claiming-4-withdrawal-steals-hope\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HOPE","symbol_name":"Hope Bancorp, Inc.","start_time":0,"source_url":"https://www.benzinga.com/news/topics/26/05/52766783/dave-ramsey-says-1-million-nest-egg-should-give-you-80000-income-forever-but-bogus-math-claiming-4-withdrawal-steals-hope","article_id":"2638550326","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/cdn-cgi/image/width=240,dpr=2,format=auto,quality=85/files/images/story/2026/05/25/Small-Steps-To-Protect-Nest-Eggs.jpeg"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/news/topics/26/05/52766783/dave-ramsey-says-1-million-nest-egg-should-give-you-80000-income-forever-but-bogus-math-claiming-4-withdrawal-steals-hope","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2638550326","pubTimestamp":1779721260,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Dave Ramsey jumped directly into that debate during a call on \"The Ramsey Show\" when a 30-year-old listener named Jay asked whether widely accepted withdrawal-rate advice was making retirement look unnecessarily hopeless.Jay told Ramsey he had already saved roughly $120,000 across retirement accounts and was trying to determine whether he could eventually ease up on investing to pay off his house faster. The confusion came after Ramsey co-host George Kamel referenced a 3% withdrawal rate for long retirement timelines.\"I don't know what the hell George is doing, doing a 3% withdrawal rate, because that's absolutely wrong,\" Ramsey said. \"I'm going to have to find out where that video is and get it taken down.\". The longtime finance host argued that overly conservative withdrawal-rate discussions create unnecessary fear for savers who are already doing many things correctly.He later added, \"A million dollars should create for you an $80,000 income, boys and girls. So you perpetually, like","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"HOPE":"Hope Bancorp, Inc.","BK4211":"区域性银行"},"translate_title":"戴夫·拉姆齐(Dave Ramsey)表示，100万美元的储蓄应该“永远”给你80,000美元的收入，但声称4%提款的“虚假数学”偷走了希望","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HOPE":1.5},"content_text":"Dave Ramsey jumped directly into that debate during a call on \"The Ramsey Show\" when a 30-year-old listener named Jay asked whether widely accepted withdrawal-rate advice was making retirement look unnecessarily hopeless.\nJay told Ramsey he had already saved roughly $120,000 across retirement accounts and was trying to determine whether he could eventually ease up on investing to pay off his house faster. The confusion came after Ramsey co-host George Kamel referenced a 3% withdrawal rate for long retirement timelines.\nDon't Miss:\nRamsey was clearly not thrilled.\n\"I don't know what the hell George is doing, doing a 3% withdrawal rate, because that's absolutely wrong,\" Ramsey said. \"I'm going to have to find out where that video is and get it taken down.\"\nThe longtime finance host argued that overly conservative withdrawal-rate discussions create unnecessary fear for savers who are already doing many things correctly.\nRamsey's frustration escalated as he defended his long-held position that retirees can safely withdraw far more than the traditional 4% rule suggests.\n\"If you're making 12 and you need to leave 4% in there for inflation raises, that leaves you eight,\" Ramsey said while explaining his math around long-term stock market returns and inflation.\nHe later added, \"A million dollars should create for you an $80,000 income, boys and girls. So you perpetually, like forever, should be able to pull $80,000 forever and never destroy it.\"\nRamsey argued that lower withdrawal-rate guidance discourages savers by making retirement goals feel unreachable.\n\"The problem is, is when you go down these stupid nerd rabbit holes in these Reddit threads with these morons who live in their mother's basement with a calculator,\" Ramsey said. \"Then people go, ‘I don't have enough money, it's hopeless, I'll never be able to save enough to retire.'\"\nHe also called lower withdrawal assumptions \"bogus math\" and accused critics of \"stealing people's hope.\"\nTrending: Dave Ramsey has long stressed investing with intention — now some are looking at early-stage plays in the fast-growing lithium space\nRamsey's optimism stands in sharp contrast to many retirement researchers and financial advisors who warn that aggressive withdrawal strategies can become dangerous during bad market periods.\nSuze Orman has repeatedly pushed for far more conservative withdrawal rates, particularly for retirees in their early 60s who may need portfolios to last 30 years or longer.\nMorningstar research similarly placed sustainable starting withdrawal rates closer to the upper 3% range for retirees seeking strong long-term success odds.\nCritics of Ramsey's approach argue that his assumptions rely heavily on consistently strong market returns that may not materialize, especially during prolonged downturns.\nOne major concern involves sequence-of-returns risk, where sharp market declines early in retirement can permanently damage portfolios if retirees continue withdrawing large amounts while investments are falling.\nThat is why many financial professionals recommend stress-testing retirement plans under both strong and weak market conditions rather than assuming long-term average returns will appear smoothly every year.\nSee Also: Think the biggest tech gains happen after an IPO? Click here to see why some investors are looking at opportunities before companies go public.\nConsulting a financial advisor can help households model withdrawal strategies, inflation scenarios, healthcare costs and market downturns before deciding how aggressively they can safely spend in retirement.\nRamsey's broader point was less about spreadsheets and more about psychology.\nHe believes overly cautious retirement math convinces ordinary savers that financial independence is impossible unless they accumulate massive fortunes. Supporters argue that mindset keeps people trapped in fear and discourages investing altogether.\nCritics counter that optimism alone does not protect retirees from running out of money at 85.\nThe reality likely sits somewhere between Ramsey's confidence and the ultra-conservative projections dominating many retirement discussions online.\nRead Next: More Than Half of Americans Aren't Prepared for Retirement — Including 62% of Gen Y\nRad AI\nImmersed\nConnect Invest\nrHealth\nrHealth is building a space-tested diagnostics platform designed to bring lab-quality blood testing closer to patients in minutes rather than weeks. Originally validated in collaboration with NASA for use aboard the International Space Station, the technology is now being adapted for at-home and point-of-care settings to address widespread delays in diagnostic access.\nBacked by institutions including NASA and the NIH, rHealth is targeting the large global diagnostics market with a multi-test platform and a model built around devices, consumables, and software. With FDA registration in progress, the company is positioning itself as a potential shift toward faster, more decentralized healthcare testing.\nArrived\nMasterworks\nLightstone\nAdviserMatch\nAccredited Debt Relief\nImage: Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}