ilmscore | Prediction Details
"for example you build an investment account worth 1 million Now what you can do is you take out 4% which is around 40,000 not around it is $440,000 today and then you can continue adjusting this with inflation but now you pull out $40,000 to fund your expenses"
By Minority Mindset | July 27, 2024 | Pending
From video
How To Calculate Your Wealth Number (The 7% Rule) 00:01:50 - 00:02:05
Interpreted Prediction
A $1 million investment account allows for annual withdrawals of $40,000 (4%) to fund retirement expenses, with adjustments for inflation.

Prediction Details

Topic
4% Rule example

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