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Posted on 2/9/14 at 2:44 pm to jimbeam
quote:it doesn't mean I will have no income for the rest of my life. But even excluding that, if I could net 4% after tax (probably long term capital gains), I could spend spend 2.5%($50k) and reinvest the other 1.5% ($30k). Even if that didn't keep up with inflation, my money would last a LONG time. Straight out of my arse, but I might make 20 year before my normal spending started cutting into principal (which would be well over $2mill by that point). And a long time after that before interest plus a little principle would have all the money spent.
Does that keep up with inflation though?
This post was edited on 7/31/14 at 10:14 pm
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