Much ink has been spilled on the 4% rule, including here on The Best Interest. The short and sweet definition? The 4% rule is a retirement strategy that suggests withdrawing 4% of your portfolio’s value annually, adjusted for inflation, to ensure your savings last for a 30-year retirement. If you’d like to dive deeper on […]
Failure is getting considerable attention in leadership and management circles these days. Articles, books, and keynote speeches preach the value of mistakes and learning from failure. The current dialogue begins once the mistake or failure occurs and addresses how to leverage it for maximum return. But the employee must take a risk before any of […]
Leading a business involves risk. For some of us, just getting out of bed each day seems like a risk. For others, they can’t get enough of it. Being a risk taker is on the high end of the scale for entrepreneurs and visionaries. Our business culture is full of stories about famous risk-takers. Yet […]
