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Old 07-20-2020, 11:40 AM
  #21  
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Originally Posted by 123494 View Post
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
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Old 07-26-2020, 05:25 AM
  #22  
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Default Retirement planning

Keep ONE wife , don't listen to your financial planner all the time , one house , one hobby ............. Good luck !!!
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