• GaveUp [she/her]@hexbear.netEnglish
    27·
    2 months ago

    The calculation is 4% withdrawals annual to historically have a 99% chance of not running out of money in 30 years which is still 80k every year adjusted for inflation

    3.5% withdrawals gets you to infinite retirement based on historical data

    • stink@lemmygrad.mlEnglish
      2·
      2 months ago

      $80k/yr when most of these people own a home is kinda crazy to me. However, assisted living is like $6-$10k/month.

      My personal investment strategy is to raise kids that won’t put me in one