What are you assuming for a 5% withdraw rate? 100% is in stocks?One of the best ways to maximize the amount of income you can take from a $3M portfolio is to not pay any of it to an advisor by becoming your own financial planner and investment manager. Otherwise, most will tell you that your withdrawal rate is likely too aggressive. You're looking for a 5% withdrawal rate plus 1% more (6% total). That's really aggressive. Historically, with that withdrawal rate you'll run out of money in 30 years 45-98% of the time depending on your asset allocation.
After adding bond, income, and dividend returns, only a small percentage of stocks should need to be liquidated to pay for living expenses.
Statistics: Posted by Nick_Shave — Tue Oct 22, 2024 11:35 pm