So for example:
If I retire with 1.2 million dollars when I'm 40 I would put all of my money to VOO I would withdraw 3% per annum.
But if I retire with 2.5 million dollars when I'm 40 I can put all of my money to ARKK and I will withdraw 1.5% per annum.
In other words I can stomach (not run out of money until I die) large drawdowns better if I have more during retirement. Do you think this idea is correct?
Submitted July 08, 2021 at 10:18PM by uni3993 https://ift.tt/3dVtwDS