In reality, the Obama market started in November the night of the election. It is forward looking. Dow Jones was about 9600. Which it hit a low of about 6400 in March. At the time, the Fed was big player. More like the only player. By the way, the Fed is still in the drivers seat.
Uh, that's the entire point of this thread. It's in the first post dip
, ttku.
It’s called a pension in other countries. I’ve paid about $250,000 (500,000 with company match) so far. With 500K one can easily generate $2500 a month. What does SS pay out?
Most likely I have several more millions than you do.
A 6% withdrawal rate...... Lol, good luck making it more than 15 years.
All depends on your 35 highest earning years. Yes the ROI is modest but the risk factors that accompany higher return investments aren't there. And in 2008 a lot of people saw their investments in those higher risk markets take a huge plunge. Friends of mine who had their retirement savings invested in the stock of the local bank saw it disappear as the result of an FDIC ordered merger with a stronger bank . Oh yeah, if you want bigger returns fine provided that you'll accept the risks and are certain that you'll never outlive your money.
Indeed, you family can't possibly hate you when they don't have anything to do with you.
No withdrawal rate. Just a 6% return.
Oooook....
I’m withdrawing the gains. And living off those funds at age 50. At age 65 we are talking over 700K in principle payments to the system.
Ya, you said you could "easily" get 30k a year from 500k. That's a 6% withdrawal. Markets fluctuate.
Can easily be done.
Sure, it's easy whether you go broke or not.
Just buying a 500K annuity gets you about 2150 a month
For how many years?
Oookay, so that's basically like garbage SS returns.
Monte Carlo program?
That is 4% without trying. But if you assume your 4% over a 30 year period. Your principal is about 1mil. You really couldn’t find a way to yield 6%?
