UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next
Author: intercst Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 79108  
Subject: Re: My brother made it! Date: 7/23/1999 7:45 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
hgerhardt asks,

What kind of advice should I give my brother who has over 3 million from working for Intel and taking in all stock options. He does not want to work anymore, he is 45, single and feels he could live off of 60,000 a year quite comfortably. Where should I direct him so the "wise men" will not take his money? Yes, his money is still in Intell which I would think some diversity would be quite foolish. Hugh

Check out the Safe Withdrawal Rate Calculator at the Retire Early Home Page, see link:


A $60,000 per year inflation adjusted withdrawal from a $3 million portfolio is only a 2% draw -- that's conservative by any calculation. Having all your eggs in one basket (Intel stock) may be a concern. You may also want to look at "Safe Withdrawal Rates for Concentrated Portfolios", see link:


Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2015!
Fistula Foundation: A World of Good!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.