SWR Question

Momtwo

Recycles dryer sheets
Joined
Sep 25, 2004
Messages
84
I am not good at figuring. How long will $300,000. last at the SWR and how much can be taken as income per year?

This is so confusing.

Thanks!
Momtwo
 
That depends!

Click on the link above "go to firecalc". Put in how much you NEED each year, the 300k, how many years you think you'll need it for, and below that how much you plan to put into stocks and bonds.

It'll tell you how long the money will last at that rate of withdrawal.

Just as a jumpstarter though, $14k a year for 30 years if the money is invested 60% in stocks and 40% in treasury protected bonds is 100% safe from a historical perspective.
 
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