William J. Bernstein Quotes
My Rule Of Thumb Is That If You Spend 2 Percent Of Your Nest Egg Per Year, Adjusted Upward For The Cost Of Living, You Are As Secure As Possible; At 3 Percent, You Are Probably Safe; At 4 Percent, You Are Taking Real Risks; And At 5 Percent, You Had Better Like Cat Food And Vacations Very Close To Home. For Example, If, In Addition To Social Security And Pensions, You Spend $50,000 Per Year In Living Expenses, That Means You Will Need $2.5 Million To Be Perfectly Safe, And $1.67 Million To Be Fairly Secure. If You Have "only" $1.25 Million, You Are Taking Chances; If You Are Starting With $1 Million, There Is A Good Chance You Will Eventually Run Out Of Money.
Related Authors
- Anne Jamison
- Eileen Gillibrand
- Guy Lombardo
- Jim Allen
- Josiah Ober
- Katy Gardner
- Marguerite Gardiner
- Nalin Singh
- Nina Raine
- Shannon O'Brien
- Snigdha Rai
- Stephen Edger
Related Topics
-
68th Independence Quotes
Independence means.. enjoying freedom and empowering others too to let them do so. — Vikrmn
-
Always Believe In God Quotes
Knowing ourselves is knowing our worth in the eyes of God. That's why the number one thought we cannot fail to think and believe is that He loves us. Always. — Toni Sorenson
-
Don't Expect Quotes
It's a good thing we don't know when we start out that when we arrive we haven't gone anyplace." "What's wrong with success?" Kelly asked, exasperated. "You just walked out — Dean Jones
-
The Faithful Gardener Quotes
Tom remembered those times, too. Dad could have reacted in anger and frustration to Mom's mood and the difficulties. But instead, Dad had gone to extraordinary efforts to show his — Jody Hedlund
-
Woman Supporting Man Quotes
Supporting the definition of marriage as one man and one woman is not anti-gay: it is pro-traditional marriage. And if support for traditional marriage is bigotry, then Barack Obama was — Marco Rubio