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Reply to "Can 29yr old live off $1.5 million w/working?"
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[quote=Anonymous][quote=Anonymous]If he wants to live like your average single 20 something male it's doable to withdraw 3-3.5% per year.[/quote] That only gets him to 62 years old and $45K a year is much different this year than in 2044. He can't make it work unless he lives on like $10-15K a year. I can't imagine that he could do that when having to pay for upkeep/taxes on a modest home.[/quote]
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