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fortydegrees
5y ago
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Even if he didn't earn any interest and never earned another penny, at an $85k/yr burn, that $3M will last 35 years. Seems alright?
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bluedevil2k
5y ago
· 2 in thread
What happens when he lives 36 years?
ceejayoz
5y ago
> Even if he didn't earn any interest
Hopefully he puts some of it in interest-earning stuff prior to that point.
bluedevil2k
5y ago
That was more a rhetorical question. The real issue is you can’t predict how long you’ll live so it’s not correct to say “draw it all down evenly over X years”
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