@aninhumer, I can't reply to your thread, but I feel like people just don't get what I'm saying. Perhaps you could live off 25 million with a drawdown of 1%. T

@aninhumer, I can't reply to your thread, but I feel like people just don't get what I'm saying. Perhaps you could live off 25 million with a drawdown of 1%. That's 250K. So you live like that's your salary. But then the market tanks and 1% of your portfolio is now 120K. That's a big haircut. Do you take 2% now? You've got a 250K lifestyle but you said you'd only take 1%. You've now watched 13 million dollars vanish. Do you stay in the market and hope it goes back up or cut your losses? People here seem to suffer from historical bias because they know the market recovers, but when it happens to you the future will be totally uncertain. Mo money, mo problems. Totally true.