Welcome to 2 Question Tuesday. Phil and Mike discuss Jerome Powell’s appointment to a second term as Fed Chair. They also analyze whether the traditional 4% withdrawal rate in retirement is still appropriate in todays environment. This week’s client submitted questions were:

1. Fed Chair Powell’s 2nd Term?
2. Is a 4% Draw down rate in retirement still appropriate?

Submit your questions to jmccarthy@focusedwealthmgmt.com

As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.