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A comment on Ask HN: What would you do with a million dollars today?. Parent comment

Re:Ask HN: What would you do with a million dollars today? by howeyc on Tuesday March 29, 2022 @03:41PM (#30847406)
You're listening to experts that can't do math. 20 yrs x $40k is $800k. Did the other $200k vanish??
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Re:Ask HN: What would you do with a million dollars today? by nayuki on Tuesday March 29, 2022 @09:41PM (#30850603)
The strategy is to withdraw 4% of the original value per year perpetually, hoping that the principal holds value.
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