/biz/ - Business and Finance

>>284


Uhhh….how old are you and how long do you plan to live off this money…you know…the MOST IMPORTANT PART OF THE EQUATION.

What >>288 said

Historically, you can last 30 years of standard retirement something like 90% of the time if you withdraw 4% a year. That's in addition to whatever you get back out of Social Security.

Conservative, indefinite withdrawals, through all market conditions? Shoot for 3.5%, 3%.

Compare that to your expenses (including massive healthcare and education inflation) and go from there.

>>284
Probably around 5 mil these days if you're just gonna invest in the market (as opposed to having a healthy business that provides income).

Really depends on what standard of living you want, though. How much do you need/want per year to live?