P.Fritz observed:
His whole premise is flawed, since it is based on generating an income
stream solely from investment growth and not from reducing the
principal.
The gross savings required to have a 2k a week retirement is
significantly
less if you withdraw from the principal as well.....
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Never, ever, spend the principal.
The idea is to leave that to your kids, so they can blow in on wild
parties, European vacations, cars, yachts, mistresses, and caviar after
your demise. :-)
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