How to Recover From 4 HORRIBLE Financial Mistakes!
Money Guy Show
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The Importance of a Healthy, Safe Withdrawal Rate
After over 20 years, Ryan actually has more money than he started with. If he had maintained that withdrawal rate, that dollar figure income, his portfolio now would be worth over $3 million. When you contrast that to Deborah, who was living off of $160,000 a year lifestyle, she actually ran out of money in 2016. The only thing that changes how much money they were pulling out of their portfolio when you get to financial independence is your ultimate withdrawal rate.
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