Ep 544: Is the 4% Rule Dead? Jean Chatzky on Building a Paycheck That Never Runs Out

We've gotten really good at teaching people how to save for retirement. But almost nobody teaches you what to do the day you stop earning and have to start spending. That's the gap Jean set out to close in her new book, The Forever Paycheck: The New Retirement Strategy to Spend More, Worry Less and Never Run Out of Money, and on this episode, HerMoney Chief Content Officer Kathryn Tuggle turns the mic around and interviews Jean about it.

In this episode, you'll learn:

What a "forever paycheck" actually is, and how it fills the gap between Social Security and what your life will cost

The surprising research on why retirees with a pension spend twice as much as those with the same money in a 401(k)

How much of her own portfolio Jean is annuitizing, and how she decided on that number

The one exercise Jean says is the best way to get comfortable with spending in retirement

And if you've already read The Forever Paycheck, leave a review on Amazon and send Jean a screenshot at mailbag@hermoney.com; you'll be entered to win a signed copy.

Learn more about your ad choices. Visit megaphone.fm/adchoices