For years, financial advisors have drilled the so-called "safe withdrawal rate" into the heads of retirement planners. The rule of thumb? Live on 4% of your nest egg per year, and your money should last. Some even say 3% is safer.
It's the industry standard—conservative, cautious, and endlessly repeated. But when a 30-year-old caller named Jay brought this up on "The Ramsey Show," it wasn't just the financial industry he questioned—it was Dave Ramsey's own co-host, George Kamel.
