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No. of Recommendations: 6
I’d also go with $5M invested, not net worth. Probably the people here pick a higher number because we understand the 4% rule more than the average guy on the street.

Proud that my 24 year old kids know the 4% rule, dollar cost averaging, index funds and LBYM. Smarter than most of the adults I meet. I’ve been giving them little lessons and pop quizzes for years now. “Time for dinner! What’s a safe post retirement withdrawal rate...what’s an amortization long would it take to double an investment making 7.2%?”

Poor abused kids.
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