The average returns of S&P 500 annually is about 10%(correct me if I am wrong). This would mean Investing $1000000 the first year would get me $100k. This means I could withdraw $100k yearly and still keep my $1000000 without it reducing right? But because of inflation, the $1 million will lose it's value. So what if I withdraw only 4% yearly? I could live off the million dollar capital while growing it right?
Submitted July 12, 2022 at 11:53PM by Ucvius https://ift.tt/EomdZzb
