#principle

4% rule, interest and principle

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4% rule, interest and principle I read about the 4% rule for withdraws and how a person could withdraw $40,0000 on an account of one million and probably never run out of money. What I never hear people talk about is drawing down the principal. For example, if a person has one million in an investment account with a guaranteed rate of return (from the brokerage house) of 4%, h…

Reddit Personal Finance 782 2024-12-06