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autocrat ๐ŸŽฉ pfp
autocrat ๐ŸŽฉ
@autocrat.eth
The urge to sell everything, move it into a developed world broad index, and call it day is strong. btw when everything is said and done SWDA is my retirement.
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Patrick pfp
Patrick
@patrickjpatten
Take the amount you need per year and divide by .0255. You need that invested in the S&P 500 and you can take out 3%/year and pay the 15% long term capital gains tax. And youโ€™ll keep up with inflation.
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autocrat ๐ŸŽฉ pfp
autocrat ๐ŸŽฉ
@autocrat.eth
this guy knows ๐Ÿ‘† probs not gonna use this money to retire early tho, I wanna work, I wanna hustle, got lots of things to do. Probs just gonna put it in an index and leave it. Wonder how much itโ€™s gonna be worth after 40-50yrs??
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Patrick pfp
Patrick
@patrickjpatten
Iโ€™m just saying know these numbers. If you have a chance to make generational wealth understand what that means in real numbers. Know your expectations know how to actually make it.
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