Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I'm confused - If I have 1mil in the bank and I make 6% annually on my money and I with draw 4% (of principal before interest added), I'm withdrawing less than my returns, how would I ever run out of money?

Print the post  


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.
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.