Subject: Re: 100% Stocks
Simple enough: work, save, and invest until you have $10m.
Damn, why didn't I think of that?
"I think you can probably live rich and die broke on about $2.5 million 100% invested in stocks."
At what withdrawal rate?
When we were mulling over early retirement my wife did some simple girl math in her head. "If we have $1 million in the bank we could spend $100,000 a year and it would last 10 years. With SS and pension we could take $50,000 a year and it would last 20 years. What are we waiting for???"