re: Did y'all catch Dave Ramsey rip George Kamel apart over withdrawing 4% from retirement?

His unwillingness to admit that credit cards can be of great benefit to responsible people is probably my biggest pet peeve.

I agree with the other poster about 15 year mortgages not being realistic in the current environment, but his 25% of after-tax is a good guideline.

I like his “pay cash for cars” philosophy if you can swing it, but it requires discipline and willingness to drive cars well past 10 years of life. It’s way too easy for people to overextend themselves with loans on a depreciating asset like vehicles (Covid notwithstanding) and most people buy twice as much vehicle as they need from a cost standpoint.

His basic guidelines are fine. I used to listen to his radio show a lot 15 years or so ago when it aligned with one of my regular drives. When you get a taste of the average person who calls into his show, you understand why he dumbs down so much of what he says.