4 ms·
The 4% rule also only applies to people at retirement age => death (i.e. 30-40 years). If OP is only 20-30, that's not going to be guaranteed to work, you proba
by anaisbetts 7y ago
The 4% rule also only applies to people at retirement age => death (i.e. 30-40 years). If OP is only 20-30, that's not going to be guaranteed to work, you probably want to think 2.5-3%, though also keep in mind that your taxes when living off of capital gains / dividends (at least in the US) are going to be way lower - if you do it Right you probably will pay less than 5% federal taxes (CA state is a different story, though you can always move)
- my_username_is_ 7y agoIt also assumes that you're not going to bring in any more income for the rest of your life too. While the OP could retire and live on a beach somewhere for the rest of his life... By the nature of being someone who posts on HN, I'm betting that that's not the case.
- oiasdjfoiasd 7y agothis.