Read? How Much Is Enough To Be Safe For Sustainable Retirement Income For Life???
Read? The Rule of 300: How Much You Need for Retirement
Uncle8888 also used The Rule of 300 for his retirement income for life planning
See? Retirement Income for Life??? (9)
Wealth = Asset Value + Cash flow
The Rule of 300 = Asset Value = Net Worth = 25 x Expected Yearly Living Expenses = Reaching the Edge of FIRE (Financial Independence Retire Early)
Cash flow = 4% Withdrawal
BUT ..
If our asset value or net worth is too dependent on the volatile market for 4% withdrawal; ......