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#462 - Nick Maggiulli - The Best Way To Build Your Personal Wealth
Modern Wisdom
The Most Shocking Retirement Data
Only one in like, six or one in seven retiries is pulling down principle. In a given year, thei're living off their dividend capital gains and investment returns. They're not selling down any assets. You are more likely to forex your wealth over 30 years falling just the four % rules. There's a lot of retires that think, oh my gosh, how going t im i can to outlive my money. And then it's like, oh no, you're actually richer than you've ever been.
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