ER Doc Advisor - Financial Planning & Taxes for Emergency Physicians

EP 107: Is the 4% Rule Putting ER Docs’ Retirement in Jeopardy?

The “4% Rule” is a personal finance industry standard. If you’ve never heard of it, it’s a guideline for the rate at which you can pull from your retirement account and still have the account survive in retirement. A new study reveals the industry standard of 4% is overstated and could lead to millions of Americans running out of money in retirement, if adhered to. A scary thought.

An even scarier thought is ER Docs have additional hurdles to overcome than the everyday American. So in this Halloween-themed episode, we’ll discuss what those factors are and end with how to overcome them.

Topics Discussed:     
  • What the 4% rule is.
  • Common misconceptions about portfolio investments.
  • How to minimize the risk of running out of money in retirement.
  • What sequence of return risk is.
  • The benefit of globally diversifying your portfolio.
  • How to create a more sustainable portfolio.
Resources Mentioned:


planning, financial planning, ER doctor, doctors, finances, retirement, financial freedom

Scott Wisniewski, EA