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