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/biz/ - Business & Finance

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7652733

Anonymous Wed Feb 14 14:43:02 2018 No.7652733 [Reply] [Original]

How much money do you need to invest in something safe and be able to live off passive income?

>>	Anonymous Wed Feb 14 14:44:09 2018 No.7652756 depends on how much you need to live on. I need about $2m to retire happily using the 4% rule

>>	Anonymous Wed Feb 14 14:44:17 2018 No.7652758 2 million.

>>	Anonymous Wed Feb 14 14:45:13 2018 No.7652786 >>7652733 Lots if you want it safe. Of course, there is never a 100% safety. I'd stick to real estate + living in Asia. About 200k i guess?

>>	Anonymous Wed Feb 14 14:45:51 2018 No.7652804 Depends on your living standards If you only spend 12k a year you only need 600k to live without touching the principal (assuming 2% withdrawal which is conservative, the standard advice is a max of 3-4% withdrawal)

>>	Anonymous Wed Feb 14 14:46:59 2018 No.7652835 >>7652733 UTFSE you dumb fuck http://www.moneychimp.com/calculator/compound_interest_calculator.htm

>>	Anonymous Wed Feb 14 14:53:18 2018 No.7652989 >>7652756 The thing is you don't. Also eat away at the principal and you need less. You want to die with $0 not $2m