See why the 4% RULE is more of a GUIDELINE than a rule...

JL Collins wrote one of the most influential money books on the market, The Simple Path to Wealth, easily our favorite investing book for beginners (and experts!). Watch JL explain what the 4% Rule is and why it's more of a guideline when considering FIRE and Early Retirement. 00:00​ Intro 00:06 Where did the 4% Rule originate? 01:32​ Why does JL call it the 4% Guideline? 02:08 What is the 4% Rule? 02:30 Sequence of Returns Risk 02:47​ Never set it and forget it 03:14 Trinity Study Observations Want to learn more about the FIRE movement and how you can achieve financial independence? Watch the documentary Playing with FIRE today! 🎥 Amazon: https://amzn.to/2vLnbrt 🎥 iTunes: https://itunes.apple.com/us/movie/pla... 🎥 Google Play: https://play.google.com/store/movies/... 🎥 YouTube:    • Playing With Fire   🎥 Vimeo: https://vimeo.com/ondemand/playingwit... 📀 DVD: https://amzn.to/3sCG342 Check out the book Playing with FIRE, based on the documentary: 📖 https://amzn.to/2RB3XvK Or listen on Audible: 🎧 https://www.audible.com/pd/B07MVN6VHC... Get started on your FIRE journey: 👩‍💻 https://www.playingwithfire.co/beginn... Start tracking your money today with our favorite money tracking tool, Personal Capital: 👩‍💻 http://personalcapital.go2cloud.org/SHQO Find more of JL's work here: 👩‍💻 https://jlcollinsnh.com/ Read JL's book "The Simple Path to Wealth": 📖 https://amzn.to/3o9aeib🎧https://amzn.... FOLLOW US: Instagram:   / playwithfireco   Twitter:   / playwithfireco   Website: https://www.playingwithfire.co/ Thanks for watching! *Links above include affiliate commission or referrals. Sometimes I receive compensation from partnering websites, products and services at no cost to you. Thank you for your support! The video is accurate as of the posting date but may not be accurate in the future.