The Financial Samurai is going back to work.
He says it’s because he didn’t properly plan for his kids’ college or a long market downturn.
The subtext is his Retirement Distribution Strategy was broken.
While I’m a fan of the F.I.R.E. Movement, I wish the community was more financial professionals than self-proclaimed gurus and influencers.
I don’t know how the Financial Samurai was invested, but it clearly wasn’t correct.
If you plan correctly, you should be able to weather long downturns.
And while yes, college is expensive, he had the same 18 years to save for it that all of us do.
I wouldn’t wish this on anyone and the worst part is it could have been easily prevented.
Any good, independent financial planner could have prevented it
It’s all beachballs and snorkeling when things are good, but when the tide rolls out, you find out who wasn’t wearing a bathing suit.
A financial planner will make sure you don’t forget your swimsuit.
www.financialzen.com/dc
