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re: Here’s What a $2 Million Retirement Looks Like in America
Posted on 9/1/22 at 12:36 pm to SWCBonfire
Posted on 9/1/22 at 12:36 pm to SWCBonfire
quote:
Not sure what you're getting at, 5% of 500k is only $25,000/yr.
I'm saying the 4% rule is a safeguard against "running out of money" and/or try to preserve the corpus of the savings.
5% is the "real" number for cash/bond/cash equivalents over a 20-year period, unless your intention is to preserve the corpus.
I was not making any evaluation of "how much" $500k was in the grand scheme of things.
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