How Does the 4 Year Rule Work?

In this episode of Ask The Compound, Ben Carlson and Duncan Hill tackle listener questions about responsible portfolio leverage, return stacking with Corey Hoffstein from Newfound Research, and the psychology behind individual stock picking versus ETF investing. Ben shares his preference for indexing to avoid significant losses and reduce mental stress, while Duncan admits to enjoying the "fun" of stock picking despite mixed results. They also discuss a listener's query on using "buy now, pay later" for investments, advising against it in favor of credit card rewards, and address a question about retirement planning, highlighting the importance of consistent saving and adapting to life changes. Ben also shares the story behind the "4 year rule" for retirement spending and offers to publish the full strategy on his blog.