The Risk of Not Fully Living, with Michael Lynch
Afford Anything
The Short Term Bucket
The short term bucket is comprised of two distinct elements, one being the portion of the principle that you harvest from. What should the lump sum be invested in and what should that principle be invested in? Some of this back by the US government, something that's backed by your government, the print and press,. So that would be high-yield savings. That would be treasuries and that would be CDs, which are essentially treasuries right? Right. And so you would do that even for the portions of the principle from which you will draw down income for the next two years? Yeah, for sure. You just have to keep it liquid.
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