2 ms·
You lost an order of magnitude in your math: 4% of $10M is $400k. There is $400k/year to spend per year.
by sanj 5y ago
You lost an order of magnitude in your math: 4% of $10M is $400k.
There is $400k/year to spend per year.
- iso1210 5y agoThe 400k would have to be reinvested to grow the pot enough in 10 years to be able to split to 3 kids and have the same pot as before.