Originally Posted by
123494
Look up Bogleheads. Lots of high earning professionals invest this way and there is a massive forum to ask questions and see how others are doing money wise.
Previous quote stated to expect draw (no more than) about 4% of your total savings yearly in order to not touch principle. Vanguard has a nest egg calculator I've used and they recommend taking no more than 3.5% and then adjust that amount up or down for good/ bad years of returns. READ the notes at bottom of this site to better understand Monte Carlo simulation so you will see how going much above 3% regularly "can" / might compromise the ability of the investments to last XX years in your retirement. Good luck!!
https://retirementplans.vanguard.com...estEggCalc.jsf