its true though 2.5M gets you like a nice house but nothing special in a major city youre not gonna retire at 20 with that net worth especially at current interest rates and especially if you want to have kidshttps://twitter.com/MozarabMohan/status/1182051885047521280 …
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IS it a solved problem? Seems like in that case bond interest rates would be higher if you could get a guaranteed 8% return elsewhere
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not guaranteed, but * diversify * try to avoid any withdrawls for the first few years * withdraw no more than 4% of principle each year People have been playing with Monte Carlo models to generate ways to solve EXACTLY this problem since forever (well, at least for decades)
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