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I was thinking the opposite - the safe withdrawal rate accounts for a 3% inflation rate for your 7% safe investment figure, so your nest egg grows over time for
by Programmatic 10y ago
I was thinking the opposite - the safe withdrawal rate accounts for a 3% inflation rate for your 7% safe investment figure, so your nest egg grows over time for the same equivalent $3,333 in perpetuity no matter the year.
The $5,000 would get progressively worse over time.
- AstralStorm 10y agoAdditionally whoever is paying the annuity might default. This may include countries. With that 1M in hand you can spread that risk.