Your Financial Advisor is WRONG: 4% Rule Debunked with Guest Chris Miles

PassivePockets: The Passive Real Estate Investing Show

Content provided by BiggerPockets, Jim Pfeifer, and Left Field Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BiggerPockets, Jim Pfeifer, and Left Field Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

6M ago 47:07

MP3•Episode home

Learn more about PassivePockets: https://passivepockets.com/pricing

Money Ripples Show Notes link: https://bit.ly/48UqUl3

In this episode, Jim Pfeifer and Chris Miles dive into the power of passive income as the cornerstone of financial independence. They challenge traditional financial strategies like the 4% rule, exposing their flaws and risks—such as sequence of return risk—and champion the benefits of investing in real assets over paper assets.

Chris shares personal stories that illustrate the pitfalls of the "save and hope" approach, relying solely on mutual funds, and highlights the importance of prioritizing cash flow over net worth. The conversation uncovers strategies for enhancing passive income through tools like cash value life insurance and HELOCs while stressing the need for liquidity in investments. Tune in for practical advice on building a diversified portfolio that mitigates risks and maximizes returns.

275 episodes

#Trading #Business #Jim Pfeifer #Left Field Investors #Passive Income #Cash Flow #Investing #Financial Freedom #Real Estate #Syndication #Non-accredited #Investing Education #Accreditation #The Multifamily