4 ms·
He does. He says "forever" not 25 years. (Research has shown that 4% drawdown of your wealth every year combined with an investment into stocks (assets with 3.
by MagnumOpus 9y ago
He does. He says "forever" not 25 years.
(Research has shown that 4% drawdown of your wealth every year combined with an investment into stocks (assets with 3.5-4% post-inflation return) will generally preserve your capital stock - and even in the worst cases won't completely erode it.
100%/4% = 25