How long can you survive on 100k?
How long can you survive on 100k? What keeps you from doing the math? If you invest 100k for 7%, you get 7k per year, or 580 $ per month. That gets you just about on the homeless level, which you can survive for 20 years. The 4% rule suggests that if you invest the savings and only withdraw 4% annually, you can effectively carry on indefinitely.
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