That's a good point. But if I'm realistic with my own mortality I'd be happy if I reached 70.
Assuming I retire at 40, and need to make 700k last 30 years, that's 23k per year with no yield. Even a modest 3% yield slows the burn rate so my money would still outlast me.
Or I'll be 73 writing Python which might not be so bad...
Assuming I retire at 40, and need to make 700k last 30 years, that's 23k per year with no yield. Even a modest 3% yield slows the burn rate so my money would still outlast me.
Or I'll be 73 writing Python which might not be so bad...