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Here you go:Yes, I get the same. Now starting with $3 million under the same 6/3 scenario, see what you get. In this case, over 30 years, if your portfolio only matches the rate of inflation, i.e., 3/3, it should be liquidated which makes sense. But if your portfolio returns double the assumed rate of inflation, i.e., 6/3, it looks like it is trustafarian time for your heirs.
Average yearly return on nest egg: 6%Sure. Assumes a mix of securities that includes equities. But at least in Seattle, home prices have shot up 33% in less than two years, so a tidy return after the cost of borrowing. But I a assuming you have your nest egg in some mixture of equities and bonds, which simplifies the analysis.
6% sounds unrealistic in an era where 30 mortgages are less than 3%.
If you live in California, you won’t have as much money to spend on the girls, since taxes will cost an extra $9,000/year, and the girls will expect more money.
sweet faced young California girls evolve into the gritty, hard, nasty extortionist competitors and wokes. It seems to happen somewhere between 15 and 21.
Health insurance / meds you n wife. 15 k
KgK one saysHealth insurance / meds you n wife. 15 k
That can easily be double or quadruple in America, because our political corruption around healthcare is so bad. Insurance will fight you when it comes to paying.
It's the great unknown for retirement.
Though my partner is US-born
Nest egg: $1.5 million
Average yearly return on nest egg: 6%
Annual nest egg withdrawal: $100k
Withdrawal annual rate of increase: 3%
After 30 years of fucking and snorting, what do you have left?
Assuming you have a $3 million nest egg to start, same question.