4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP525: Secrets from a Private Billionaire Club w/ Michael Sonnenfeldt

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Is 2% Still the Rule of Thumb?

Tiger Woods has put out literature around this 2% rule for preserving wealth. We believe that the average for our members is 2%. If somebody does their portfolio defense and they're living on 5%, that's going to set off an alarm bell, he says. Even if you made no money, it would take you 50 years to get through 1%.

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