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/biz/ - Business & Finance


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>> No.16627953 [View]
File: 37 KB, 920x460, 12yrs_920x920.jpg [View same] [iqdb] [saucenao] [google]

Yes, except long-term inflation adjust returns are right around there for the US market. For a long retirement, your ability to draw on your investments near-indefinitely is closer to 3.25% in pre-tax real dollars. Assuming you don't suffer any dividend cuts or other market bullshitterey, you would want to reinvest at least about the same (long term average inflation is ~3.22%) or $64,400 in your first year. So, your approach only leaves you with a spendable 2.8%/yr until you decide to deplete the principal.

It's the approach I'm taking with all of my fiat savings, but get-rich-quick it is not.

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