I've been living full-time on the road and just working for fun as I go. I live on 30k a year and live in the best places in the US.
2024-04-05 14:41:51
15
user7477114033676 :
What about tax
2024-04-05 04:55:03
18
JP :
Poor illustration. Tax; why end up with the same amount when you die. This number is unachievable
2024-06-05 23:05:16
1
DebCordeiroGuyette :
Can the net worth be in real estate as well using the same math?
2024-04-04 22:33:27
20
Houston :
If you used a Roth you would need much less.
2024-04-06 11:43:52
18
Ben Groenveld :
This works kind of…. Cause once you are reaching retirement/are retired you won’t have all your money in the stock market making that high %, most $ will be in bonds making little because of safety.
2024-04-04 20:14:09
17
playboy_carty :
Good basic stuff I’m legit so lazy so haven’t done this til the video did it for me. 100,000 a year in retirement is ridiculous tho lmao
2024-04-05 13:31:53
20
Danielle :
What about if you receive a pension? How to figure out how much you need in addition to for your number?
2024-04-05 14:47:52
5
Peyton Stevens :
2.5m (90k is tax free based on long term capital gains) every year
2024-04-05 01:26:45
21
petedyke :
You forgot about taxes, and good luck getting a consistent 7.5% every year.
2024-04-05 03:32:17
21
Gary Bemus :
i want to end at 0 not leave 2.5M to anyone
2024-04-05 10:00:12
6
Jon Cimilluca :
Let’s assume you fire. But after 20 years the purchasing power of 100k is much less. How would you handle that?
2024-04-04 18:22:03
18
psb.photo :
How do you adjust the never again number to include other things like passive or rental income
2024-04-04 20:37:52
19
Conner Funk :
How long can I go without working if I have $1,200?
2024-04-04 17:36:22
116
Andrew Day :
Something not considered here are taxes, you will have capital gains tax on investment and 401k withdrawals. That’s why Roth accts are important 👍
2024-04-04 23:37:05
19
GTRkev2 :
What shocks me is how the number changed from my 30's to my 50's. I need almost triple now.
2024-04-05 08:57:29
2
Think insurance :
You need to account for taxes as well. And the fact that you won’t/shouldn’t be 100 equities
2024-04-05 11:57:58
3
Chris D’Agostino :
okay but how do we get there.
2024-04-05 22:34:23
3
Pencil Popper :
Even the person who came up with the 4% rule says 4% doesn’t work anymore
2024-04-05 02:08:54
4
Jason :
Don’t forget about taxes and heath insurance.
2024-04-05 01:04:53
7
Uncle T :
THAT number could be smaller if you invest in Bitcoin
2024-04-04 18:33:36
7
kpierre :
I think a 100k is reasonable so what do I need to do to get to 2.5 million?
2024-04-05 17:17:34
7
Keith Lietha :
4% for the first year. Then Increase that amount by inflation.
2024-04-04 18:00:10
26
legocity38 :
So you say pull 4% and never run out of money. How long is this sustainable for? Can a 20 year old retire and live to 85 without running out?
2024-04-04 19:39:05
18
Bourbon.Guy :
WAY more to it than this. Sequence of returns matters a LOT when taking distributions. A bear market early on can ruin you
2024-04-04 19:54:40
3
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