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I currently have about $2.4 million in stock. I earn about 47k from dividends.

4% of 2.4 million is 96k.

Does the 4% withdrawal rate mean that in addition to the 47k that I earn, I should only sell at most 49k worth of stock if I want to spend a little more that particular year?



Submitted July 16, 2020 at 07:51PM by EnigmaShroud https://ift.tt/3ey1wnr

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