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Dave Ramsey is great for budgeting and debt paydown advice... but, he may have crossed a line with investing advice. He has recently showed his stubbornness when it comes to withdrawal rates in retirement and expected returns. I break down plenty of data showing that Dave may be giving some unsound portfolio advice that could get early retirees and retirees in general in trouble. ** Subscribe to our FREE Investing Newsletter: The Daily Dough https://shetalksfinance.com/daily-dough ** Research platform used: YCharts Get a FREE trial (the stock screener is my favorite thing): https://ycharts.com/store/start_trial... 00:00 - Introduction to Dave Ramsey's Investing Advice Controversy 00:37 - Breaking Down Dave Ramsey's Viral Safe Withdrawal Rate Advice 01:13 - Critiquing Ramsey's Misunderstanding of Withdrawal Rates 02:26 - Exploring the Concept of Safe Withdrawal Rates 03:36 - Analyzing the Flaws in Ramsey's Investment Strategy 04:11 - The Importance of Sequence of Return Risk in Retirement 05:27 - Case Study: Impact of Market Timing on Retirement Funds 06:01 - Dangers of Overly Aggressive Asset Allocation 07:09 - Assessing the Risks of an 8% Withdrawal Rate 08:16 - Understanding Safe Withdrawal Rates Across Different Portfolios 09:20 - The Viability of High Withdrawal Rates in Shorter Retirements 10:29 - The Significance of Market Timing in Retirement Planning 11:03 - Debunking Ramsey's Simplistic Investment Math 12:12 - The Problem with Ignoring Professional Investment Advice 13:24 - Adapting Withdrawal Rates Based on Market Conditions 14:36 - The Reality of Living Off Retirement Funds 15:48 - Evaluating the Risks of Dave Ramsey's 8% Withdrawal Strategy 16:22 - Dave Ramsey's Misguided Investment Advice 17:35 - Why Dave Ramsey's Wealth Distorts His Investment Perspective 18:08 - Conclusion: Why Ramsey's Advice Might Be Harmful for Investors ===== Ways I help you build more wealth: Want to learn the SKILLSET of managing your money right? Get my FREE Wealth Building Basics Course: https://shetalksfinance.com/wealth-bu... Are you an investor looking to take your analysis skills to the next level? I'm a mentor in the Skill Incubator community for investors and entrepreneurs: http://shetalksfinance.com/investorco... We Talk Money Podcast: https://wetalkmoney.com/ Connect with Nikki: Subscribe To SheTalksFinance YouTube channel: / shetalksfinance Twitter: / shetalksfinance Instagram: / shetalksfinance Facebook: / shetalksfinance ===== Disclaimers: This information is for educational purposes only and is not personalized in nature. Nothing I say is meant to be a recommendation to buy or sell any financial instrument. Do your own due diligence, and take 100% responsibility for your financial decisions or consult a financial professional to help you. I will NEVER ask you to send me money to trade or invest for you. There are no guarantees or certainties in investing. My videos may contain affiliate partner links to products I believe will add value to your life.