Re:How to Steal a Billion
by lalaithion on Wednesday November 06, 2019 @12:34PM
(#21464817)
Invest 3 million in the stock market. A safe withdrawal rate (historically, you would never go bankrupt if you did this, so you could survive 2008 without even worrying) is 3.5% per year.
3.5% of 3 million is 105k. That puts you in the 87th percentile of Americans.
3.5% of 3 million is 105k. That puts you in the 87th percentile of Americans.