No. of Recommendations: 2
I would need $10,000,000 to retire with 100% stocks. Assuming an annual WR of $250,000, 10 mil gets you $117,000 in dividends plus $400,000 from any 4% rule. You could fund your retirement forever even if the markets decline 50%. I tend to think of $10 million as self-healing wealth. It’s never going away.
If you’re happy to retire on the median household income of $80,000 then $3.2 million would guarantee that lifestyle through the most dire market.
In both scenarios you are extremely unlikely to die broke. If anything, you’ll die filthy rich.
I think you can probably live rich and die broke on about $2.5 million 100% invested in stocks.
