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A comment on If founders treated their investors the same way they treated their employees. Parent comment

Re:If founders treated their investors the same way they tre... by svachalek on Tuesday August 18, 2020 @03:03PM (#24202836)
3% is a pretty good rule of thumb for perpetual withdrawal rate. If it's say $1M after taxes, that means $30k/yr. This is enough to retire on but only if you're willing to make lifestyle changes. Probably not that hard to do if you're 30 and single and renting, but married with kids and a mortgage it's a tough sell.

(Obviously as your raise the definition of "low 7 figures" this can change dramatically)

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Re:If founders treated their investors the same way they tre... by gowld on Tuesday August 18, 2020 @11:11PM (#24206793)
If you're married and retired then your partner can work and you can be primary homemaker. $60K is just enough to pay for a modest house if you're friends with HN types, though.
[ Parent | on HN ]