HOW TO BECOME FINANCIALLY FREE WITH THE 4%RULE.
The 4% rule means that you can withdraw 4% of your portfolio each year in retirement for a comfortable life.
HOW IT WORKS.
If inflation is at 3% per year,fees at 1% per year and the market gives you an average return of 8% per year,the difference will be 4%.
This means that you can withdraw 4% of your total investment capital each year without risking your capital to go away during your lifetime.
According to the 4% rule,you can call yourself financially free when you have enough capital to cover all your annual expenses X25 times.
So if you calculate your annual expenses and multiply it with 25,you'll get the number that you need to call yourself financially free.
Example.
Monthly expenses:2.500$
2500$x12 =30.000$/year
30.000$x25=750.000$
So essentially,if your monthly expenses never go beyond 2500$,you need 750.000$ to be financially free with the 4% rule.
The 4%rule also assumes that you'll never earn a single cent outside of the stock market.
WHICH IS ENTIRELY UP TO YOU!
Football picks for today
Spain at 22:00
Levante-Valencia pick 12 at odd 1.30 we bet 10 euros WIN
England at 22:00
Newcastle-Aston Villa pick goal/goal at odd 1.90 we bet 10 euros WIN
Germany at 21:30
Augsburg-Moenchengladbach pick 1x at odd 1.83 we bet 1 euro WIN
2021 Bankroll 3000 euros
2021 Today Bankroll 3323.87 euros
