Episode 292: The Most Dangerous Retirement Advice from Suze Orman, Dave Ramsey and Ken Fisher

This episode is part 3 of David’s interview with Power of Zero co-founder Larry DeLegge.  The two discuss the most dangerous retirement advice from Suzie Orman, Dave Ramsey, and Ken Fisher.  Financial gurus in the business of dispensing one-size-fits-all financial planning advice is David’s biggest pet peeve.  Why do they do it? To appeal to a broader range of Americans. David explains what his so-called Dave Ramsey’s circle of poverty is all about. Two out of three people who reach financial independence following Ramsey’s advice will run out of money before they run out of life…two-thirds of the time! David believes that Dave Ramsey is good for bad investors, but bad for good investors – and cites a couple of examples to illustrate that. David talks about why he believes Ken Fisher is averse to bringing up Roth conversions to his clients and prospects. There’s a key difference between Ken Fisher and the likes of Dave Ramsey – David tells it all. David opens up about something he’s re...