@socialcap: Here is exactly how I would #invest $2,000,000 in #retirement without ever having to worry about running out of #money #indexfund #wealth #finance #socialcap

Tyler | Finance Tips
Tyler | Finance Tips
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Region: US
Wednesday 10 July 2024 20:37:23 GMT
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455gearhead
- :
Step 1, get 2 million dollars.
2024-07-11 00:17:49
1808
iluvmacs
iluvmacs :
1.37% of 2M is only 27k. What am i missing?
2024-07-10 22:26:27
167
financial_advisor_leigh
Leigh_Smith_Financial_Advisor :
wait until you have a bear market. hopefully it's not in the first few years.
2024-08-08 08:22:13
1
tletsing
Tletsing :
What about examples if you don’t have $2 million what about if you only have 500,000 or 750,000
2024-07-13 00:39:32
12
thigginslaw
Tara Higgins46 :
So with 2 mil how much income would that generate per year?
2024-07-11 04:56:12
6
ug5596
UG5596 :
You recommend a 100% equity allocation in retirement? What if 1st yr of retirement there is a 50% drawdown?
2024-07-11 00:43:14
21
colekaupelis
user1395292621477 :
Putting nearly your whole net worth in equities in retirement is incredibly risky imo
2024-07-10 23:24:15
57
lucytruly
Lucy💫 :
can you tell us how to get to the two million with an average job. 80k a year
2024-07-11 16:55:46
26
hnd1971
HND :
Cool, could also have 2 IRAs… one a high yield div and one growth.
2024-07-28 23:15:39
1
fergalkeane350
Fergal Keane350 :
Don't you get less SS when you take more money out of retirement funds like IRA and 401ks?
2024-07-11 13:29:03
15
hotsince8083
HOTSINCE8083 :
Thank god I have 2 million dollars. I was worried it wouldn’t be enough 😮‍💨
2024-07-12 11:47:20
237
user47655035172294
user47655035172294 :
You take out 3% each year, how can you still keep all the 2 millions?
2024-07-11 01:20:21
11
rob86scubadiver
Rob :
Why not just put it in a high yield savings account that is currently making 5%
2024-07-11 00:15:03
13
mmaalumni
Michel nantel :
I love this, been saying it forever. Thank you.
2024-07-11 03:34:51
13
tammyhobbsburkhalter
TammyBurkhalter :
i need this advice for $200k I don’t have 2 mill 😂
2024-07-11 03:31:51
10
danielsec64
DanielSEC64 :
Perfect strategy, the numbers don't lie. The hard part is getting the $2 million.
2024-07-11 10:53:11
134
stephen_0311
Stephen :
I feel like this country should just leave seniors alone, once you hit 65, nothing should be taxed. It’s BS they have paved their way
2024-07-11 03:03:02
139
americanbybirth
American by birth :
What I do with 100 K
2024-07-11 01:12:43
10
itsmoihiimtheproblem
itsmehi :
then the market tanks for 50 years.
2024-07-10 23:36:05
32
user8779717605785
Pellitteri :
1.37% is $27,400
2024-07-11 14:18:45
19
mindfulperceptions
MindfulPerceptions :
Question: To reduce the tax burden and allow the money to continue to grow in the market,why not just reduce how much you take. Instead of $35000, take $22000?
2024-07-11 02:08:15
9
shitslegit
ShitsLegit :
Cool if you want to live in a tent. In the woods.
2024-07-17 06:35:30
9
tgallow999
tgallow999 :
Great advice. I am a bit confused about the advise to just you social security to offset taxes. Would you mind explaining in more detail.
2024-07-11 22:21:03
7
bubbawould2
Bubba :
Pretty much what I’m doing. I only have $1.4 M. I’m drawing $20k per month and it’s growing vice shrinking. I have a small retirement and next year at 62 I’ll take SS (wife also)
2024-07-10 21:28:06
43
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