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[deleted] OP t1_jegqn9x wrote

Reply to comment by tizzlenomics in Is there a time where I can stop saving for retirement? by [deleted]

Guess the days of one million dollar retirements are done 😬 would that 4mil be what I would spend in retirement or what I would need in my retirement account to pull interest off of?

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tizzlenomics t1_jegsf57 wrote

Most people use the 4% rule. If you aren’t familiar with it then read up on it. Essentially it’s withdrawing 4% per year should last at least 30 years.

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[deleted] OP t1_jegt2du wrote

I appreciate the response, ill look into that

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