Retired Expat
Full time employment: Posting here.
Regarding NW many people have said to me, “if I convert it all to investible assets and invest it all at 8% how much would I get?” Not really realistic in my mind. …. I think one must look at one’s income separately from Networth.
If your income is sufficient you will not spend down any of your assets and your NW will be stable or grow. NW doesn’t exist in a vacuum.
If you win the lottery and it will pay you a million dollars a year for 25 years…. Suddenly Net Worth becomes a whole lot less important. Except to your heirs, or if you spend 10 million a year to live….
If your income is sufficient you will not spend down any of your assets and your NW will be stable or grow. NW doesn’t exist in a vacuum.
If you win the lottery and it will pay you a million dollars a year for 25 years…. Suddenly Net Worth becomes a whole lot less important. Except to your heirs, or if you spend 10 million a year to live….