View Single Post
Old 01-09-2024, 04:58 PM   #2186
pseudoreality
Powerplay Quarterback
 
pseudoreality's Avatar
 
Join Date: Jul 2012
Exp:
Default

Quote:
Originally Posted by Sliver View Post


Taking out six figures annually from that and leaving "multigenerational" wealth?

Haha, good luck.
$100,000/$3,250,000 = 3%

A decent investment portfolio should generate about 6% over the long term. In general, 4% is considered a safe withdrawal rate that won't erode the principal.
pseudoreality is offline   Reply With Quote
The Following User Says Thank You to pseudoreality For This Useful Post: