That was my point. A good rule of thumb is that you can pull 3-4% out of a investment each year and you will never run out. Increase that to 4-5% and it should last your entire life.
Don't get me wrong, $250K per year pre-tax is a very comfortable lifestyle. However, it's not so much money that you can spend without thought.
Don't get me wrong, $250K per year pre-tax is a very comfortable lifestyle. However, it's not so much money that you can spend without thought.