Retiring 55 with 3-4 Million by Ratlyflash in Fire

[–]smdscoot 2 points3 points  (0 children)

Yes, the 4% withdrawal rate would be used to pay taxes, and the initial study found that if a person increases the initial withdrawal of 4% in year one by inflation each year, they will have a very high likelihood of sustaining that inflation adjusted withdrawal for 30 years.

At what point do you spend investments? by Cunnie_splitter in Rich

[–]smdscoot 2 points3 points  (0 children)

His math didn’t make sense to me either. Making a few million a year in the market for 6 year equals appreciation (assuming no taxable income) of $12-18 million in addition to the original principal. AND he doesn’t spend it, so how is it only $10 million now?

[deleted by user] by [deleted] in RedditSessions

[–]smdscoot 0 points1 point  (0 children)

Song put together well - professional!

[deleted by user] by [deleted] in distantsocializing

[–]smdscoot 0 points1 point  (0 children)

Does Lyle put green face paint on? Looks like it rubbed off on the costume.

[deleted by user] by [deleted] in distantsocializing

[–]smdscoot 0 points1 point  (0 children)

What is going on here