Episode 415: This TikTok Finfluencer Says His 76-Year-Old Dad Can Spend 7.5% and Still Grow His Portfolio. Let's Check the Math.

Viral TikTok "finfluencer" Tyler Gardner claims his 76-year-old father can stay 100% in stocks. David McKnight breaks down exactly where that approach falls apart. Additionally, he reveals the retirement planning strategy that actually makes a 100% stocks allocation safe, so a market downturn doesn't force you to sell at the worst possible time. Show Notes In this episode, David McKnight fact-checks a viral TikTok video from "finfluencer" Tyler Gardner explaining why his 76-year-old father is still invested 100% in stocks. David stresses that he doesn't have a problem with being invested 100% in stocks under the right circumstances, and that a retiree can absolutely have 100% of his portfolio in stocks. However, Tyler's explanation for why this works is where David says we have some problems, and he breaks down his rationale. Tyler claims that by investing in dividend stocks, he can get about 3.5% return from dividends alone, then sell 4% of his stocks and live off 7.5% per yea...