I'm worth upwards of 800 million.
Just here to chat with down-to-earth gamblers. Wife and mistress routinely spend 10,000 on trips to the hair salon. But with humble, addict gamblers like all you fellows, I feel I can relax.
I know you're all poor fucks and just need a million or two.... and I would lend it to some of you, but I already lent 2 million to two tranny-opp posters here to help them live their dreams..... (DaFinch and another)..... but the hormones whacked out their artificial synthetic vaginas and they've gone mentally insane. So I no longer lend millions to fellow posters.
Justine Cruise: 1 Billion dollars so that he could spend the rest of his life buying respect,
Choptalk: Whatever the current rate is for a more durable vagina than the one she currently has.
Kidman: $19,600 in order to buy his house outright and to live a life of leisure for the next 60 years.
PocketRockets: $250 for a night of blow and hookers.
Mobdeep: A $30,000 brick of hundies so he can take a selfie, post it, and finally become an Online Inna-City Gansta!
2 million would be perfect, on top of my retirement dollars I'm currently putting away monthly and about 10 years from retirement, that would do for sure
2 mill liquid? easy,of course the big factor is living expenses.
The Trinity study tell us that withdrawing 4% yearly has a 95% of success (not running out of money) over a 30 yr period. Sequence of returns risk is an issue , there are ways to mitigate (cash reserve)
Ideally, live within the yield
with various types-of-assets in a tax efficient manner one can yield 4.5-6% (with the help of some exotics like covered call selling , they even have etf's to do that nowadays if ones uncomfortable doing it), Understand one would NOT sell capital. Just living off the yield...the yield shield....dagone......... On +ve market years one could sell capital at yr end , increase the cash safety net.
2 mill yielding 4.75% ? that's $95,000 before taxes. Can easily live off that amount. This doesnt include govt assistance once age is met..REAL biggie is gauging health care espenses with advancing age; it PAYS to rid chronic disease, in spades..
Your pretty close, too many people on here lost touch with reality or trying to act well above their means. I dont care if you make 100k a yr, a free 100k would be life changing. Take months off work, go traveling, start a side business etc. Even if yyou just invested it and you got to retire x numbers earlier etc