3 ms·
2 orders of magnitude seems high. Assume a safe withdrawal rate of 4% [0]. With a windfall of 100x your anuall salary, this is sufficient to quit working and s
by gizmo686 8y ago
2 orders of magnitude seems high.
Assume a safe withdrawal rate of 4% [0]. With a windfall of 100x your anuall salary, this is sufficient to quit working and still quadruple your annual income.
[0] Historically, this is enough to maintain your inflation adjusted principle.