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[quote=Anonymous][quote=Anonymous][quote=Anonymous]

Not the PP that posted the 4% comment, but I am curious how you've invested and/or how conservatively you're living if you can't create a 4% annualized return on $5mm. Some % of that should be in equities which have delivered ~8% p.a. growth over the last decade, and super high-quality core fixed income has averaged nearly 5% p.a. in the last decade.  So, even if the stock/bond mix was crazy conservative (say 25% stock, 75% bonds) the portfolio would have returned close to 6% p.a. for 10 years.  That's nearly $300K per year without touching the $5mm corpus ... even after cap gains / interest taxes, the $ return should be well over $200K per year.

$200K per year for expenses that don't include building a retirement pool seems like a well-above 'conservative' standard of living.  Which part of this math doesn't apply to your situation ... the return or the expenditures?

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I need to be able to buy the occasional Porsche to enjoy during my retirement. That's tough to do on a $200k yearly income if I also want to travel, eat, discover the cause of the hubbub over wine and golf, and engage in a variety of other hobbies, past times, and impromptu merry making on my impulse, due to an abundance of free time.

I've decided with the missus that to achieve the above, along with consideration for all of her worldly wants and needs, we need $500k/year in today's dollars, growing with inflation or at least tracking with the price of a good pair of pants at Neiman Marcus. [/quote]

You are funny and seem nice. I like your writing style and whimsical nature you convey. 
Do you need an assistant? 
[/quote]

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