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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..... ************************************************** ******* 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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