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How to Live on a Million Dollars Forever
ChannelMike RosehartDescription from the creator
Make your Money last forever. If you invest it properly, passively, you never need to touch the principal, only touch the growth. In fact, it's a rule that you can never touch the principal. This is the cornerstone of financial independence and retiring early (FIRE). If you withdraw approximately 4% per year from your portfolio ($40,000 per year inflation adjusted on a Million dollar portfolio) you will NEVER need to deplete the principal. In fact, in 99.9% of cases your principal will grow with inflation. So, in year 2 you'll have your $40,000 withdrawal and $1,020,000 balance and it'll grow over time with inflation. The trinity study confirmed this fact and it is known as the 4% safe withdrawal rate (SWR) or the 4% rule for short.
Secret to Retiring Early: The 4% Rule 🔥:
youtube.com/watch?v=Lrhg6g7y_dg&t=21s
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Please watch: "STOP Overpaying for Real Estate: Invest in Market Inefficiencies"
youtube.com/watch?v=Pq5YSc5TwZ8
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Secret to Retiring Early: The 4% Rule 🔥:
youtube.com/watch?v=Lrhg6g7y_dg&t=21s
-~-~~-~~~-~~-~-
Please watch: "STOP Overpaying for Real Estate: Invest in Market Inefficiencies"
youtube.com/watch?v=Pq5YSc5TwZ8
-~-~~-~~~-~~-~-
About this tutorial
Mike Rosehart published this 8:25 video tutorial on November 5, 2018. It has been watched 65,510 times on YouTube.
- Channel
- Mike Rosehart
- Category
- Education
- Duration
- 8:25
- Published
- November 5, 2018
- Views
- 65,510
- Likes
- 1,320
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This tutorial in other languages
- FRComment vivre sur un million de dollars pour toujours
- ESCómo vivir en un millón de dólares para siempre
- PTComo viver em um milhão de dólares para sempre
- ITCome vivere in un milione di dollari per sempre
- DEWie auf eine Million Dollar Live Forever
- NLHoe om te leven op een miljoen dollar voor altijd
- RUКак жить на миллион долларов навсегда
- PLJak żyć na milion dolarów na zawsze
- JAどのように永遠万ドルに生きるために
- ARكيف تعيش على مليون دولار للأبد
- HIकैसे पर एक लाख डॉलर रहने के लिए हमेशा के लिए
- IDCara Hidup pada Juta Dolar Selamanya