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Money and Finances
Reply to ""$5 Million is a Nightmare... the Poorest Rich Person in America.""
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[quote=Anonymous][quote=Anonymous]A 5% withdrawal rate (250k on $5M) is aggressive and not recommended. But some of these women just want their husbands to keep working until they drop dead. [/quote] +1, I had to laugh a few pages ago when a PP was ranting about how of course $5m wasn’t enough, and noted that her DH could not possibly retire until they had more. I think some of these women just don’t want their Big Law or corporate husbands back in their homes and placing demands in their time, just as the kids are finally becoming independent. “Oh honey we can’t possibly retire on $8m — what if Larlo goes to med school or one of us requires long term care? Better keep at it.” If these men ever do retire, they’ll probably divorce them.[/quote]
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