LogFAQs > #932195485

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, Database 5 ( 01.01.2019-12.31.2019 ), DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear

Topic List	Page List: 1
Topic	You are given $1,000,000 plus
blu 12/29/19 12:00:08 PM #39:	wolfy42 posted... even at 10% 10% is what you can expect. 12% is a myth. That 10% comes 7% real after inflation. That 7% become a 4% withdrawal rate factoring in the downs of the stock market. But basically it lets you live on 40k a year (and then 15% tax on that), and if you live on less then it'll grow. Oh, that also assumes you aren't taxed on the million. If you're taxed you're getting closer to 650k, meaning 4% withdrawal is a bit under 30k safe withdrawal rate. <cite>blu posted [p:932195485] in You are gi... [t:78288763]...</cite> <quote>wolfy42 posted... </cite> <quote>even at 10%</quote> 10% is what you can expect. 12% is a myth. That 10% comes 7% real after inflation. That 7% become a 4% withdrawal rate factoring in the downs of the stock market. But basically it lets you live on 40k a year (and then 15% tax on that), and if you live on less then it'll grow. Oh, that also assumes you aren't taxed on the million. If you're taxed you're getting closer to 650k, meaning 4% withdrawal is a bit under 30k safe withdrawal rate. </quote> ... Copied to Clipboard!
Topic List	Page List: 1