retiredinnyc
Recycles dryer sheets
so I put in a starting portfolio of 1,000,000 with a 80/20 mix. it says I can pull out 32,891 a year indexed to the cpi for 50 years, and I would have an ending balance of 1059. since this is a close shave at the end I wanted to see how much I would have at year 49 , it says I would have MINUs 357,526. so how can a withdrawal of 32,891 be 100 % safe for 50 years if its depleted by 350,000 by year 49? any answers are appreciated