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SPECIAL: The Little Known World of FatFIRE
My First Million
The Safety Withdrawal Rate Is the Amount That You Can Draw From Your Nut
Your safety withdrawal rate is the amount of money that you can pull out of your nut. So basically, if you save five million or ten million or one million dollars, how much money can you withdraw from that to live whilei continuing to grow your principl? In 100 years, the stock market has grown around seven and a half % a year. And so what that means is, if you saved ten million dollars, you cal spend around 300 thousand o 500000 dollars a year, brisk free.
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