Thread 60840874

>Every /biz/tard now believes cashing out into 10% yearly gains on the S&P500 is the make it play

It's fucking over for the entire economy, isnt it?

>>60840874 (OP)
nah bro is all good cuz it's different this time

>>60840874 (OP)
Rock market go kaboomboom, buy berry!
https://m.youtube.com/watch?v=L5O6U2Gus_o

>massive capital gains hit
>move it into a shitty lowest common denominator asset
couldn't be me

>>60840874 (OP)
it's always been the boomer advice, has it not? they call it "safe" to buy the index and live off yield. but is it really? in theory these companies will be around for a long time, all producing income....

Lmao no, 10% is way too aggressive. My withdrawal rate goal is 2%

>>60841022
lol so you would need $6m to live a modest lifestyle of $120k/year? 4% makes way more sense

>>60841029
Yea pretty much, its to keep inflation proof growth ad infinitum, keep in mind this is a "made it goal" and not what will actually happen. Its just how I would structure things if I hit the lottery, income could go up every year even in 50% drawdowns and leave a fat bag for my kids

no one ever stayed rich by "withdrawing" their assets