The Shockingly Simple Math Behind Early Retirement

For most people, the 4% rule is going to work. If you are on the conservative side, you can bump that down to 3.5%, especially if you have no other income sources. For every million dollars, you can draw down $40,000 per year in retirement. We're going to talk about 8% in a second. And then you live off the 4% safe withdrawal rate after retirement with some flexibility in spending during recession.

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