How to Live on a Million Dollars Forever
Mike Rosehart Mike Rosehart
30.2K subscribers
55,402 views
0

 Published On Apr 16, 2018

Make your Money last forever. If you invest it properly, passively, you never need to touch the principal, only touch the growth. In fact, it's a rule that you can never touch the principal. This is the cornerstone of financial independence and retiring early (FIRE). If you withdraw approximately 4% per year from your portfolio ($40,000 per year inflation adjusted on a Million dollar portfolio) you will NEVER need to deplete the principal. In fact, in 99.9% of cases your principal will grow with inflation. So, in year 2 you'll have your $40,000 withdrawal and $1,020,000 balance and it'll grow over time with inflation. The trinity study confirmed this fact and it is known as the 4% safe withdrawal rate (SWR) or the 4% rule for short.

Secret to Retiring Early: The 4% Rule 🔥:
   • Secret to Retiring Early: The 4% Rule 🔥  

~-~~-~~~-~~-~
Please watch: "STOP Overpaying for Real Estate: Invest in Market Inefficiencies"
   • How to Buy Real Estate : Invest in Ma...  
~-~~-~~~-~~-~

show more

Share/Embed