Money Girl's Quick And Dirty Tips For A Richer Life

998. How much do you really need to retire? Should you always buy term life insurance? In episode 998, Money Girl Laura Adams audits 8 popular financial rules of thumb to see if they hold up in today’s economy. What you’ll learn: The Rule of 72: How to calculate when your money will double. The DIME Method: A smarter way to calculate life insurance than "10x your income." Emergency Fund Math: Why 3 months might not be enough for you. Investing Allocations: Why "100 minus your age" is likely too conservative for 2026. Retirement Readiness: Understanding the "Multiplier of 25" and the 4% withdrawal rule. Don't follow a rule just because it's famous—follow it because it works for your life. Find a transcript here.  Have a money question? Send an email to [email protected] or leave a voicemail at (302) 364-0308. Find Money Girl on Facebook and Twitter, or subscribe to the newsletter for more personal finance tips. Money Girl is a part of Quick and Dirty Tips. Links: https://www.quickanddirtytips.