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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Monte Carlo models are great if you know from which distribution the future returns will be drawn. You don't.
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trust the models too much and you get walloped by a phase change, don't use models and you leave a bunch of money on the table everything is balances
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With 2mm and a 4% average return you're making $80k in interest every year. You can live on that and pay rent in most major cities, work a few years and put all that money towards a downpayment on a house (5 years saving $100k/year gets you a 2.5mm home in 5 years). ofc, taxes
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