$60k/yr life from now on

来源: Cupertino枇杷 2011-04-26 14:35:22 [] [旧帖] [给我悄悄话] 本文已被阅读: 0 次 (1140 bytes)
A while back someone posted a link here to an authoritative book "unveiling the retirement myth". By that book, you can put all your money to S&P500 and then withdraw 3% annually adjusted to inflation for 30 years. Given your $2m net today, $300k w-2 (roughly half after tax in california) and a kid to school ($60k a year x 4), you should sell your million dollar house and move to the investment apartment right now to sustain a $60k/year life for the rest of your life.

There are some fine tuning you could do but definitely you should not stay in that million dollar house any more. You have to turn that spending into investment. As you are going to retire within 10years yet you have an immediate quarter million spending on kids education, you basically can only do conservative investment.

If you are comfortable managing a property manager, a better way is to invest the $2m into multi-family apartments (you can buy 10 to 20 units in bay area assuming no mortgage, more if you borrow) to have a stable inflation adjusted annual net income more than $80k. This assumes buying and managing at market value without any RE pro.

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The S&P scenario is based on the assumption that market stays fl -CapriMoon- 给 CapriMoon 发送悄悄话 (365 bytes) () 04/26/2011 postreply 14:49:54

免费《Unveiling The Retirement Myth》下载 -Cupertino枇杷- 给 Cupertino枇杷 发送悄悄话 (61 bytes) () 04/26/2011 postreply 14:55:54

我是对作者有疑问,不是对你。谢谢网址。 -CapriMoon- 给 CapriMoon 发送悄悄话 (0 bytes) () 04/26/2011 postreply 15:01:50

原link下不了了。能麻烦你再上载吗?谢谢!回复:免费《Unveiling The Retirement Myth》下载 -HappyWed- 给 HappyWed 发送悄悄话 (0 bytes) () 04/27/2011 postreply 01:12:15

So my understanding is: S&P 500 /rental property investment -比较中肯- 给 比较中肯 发送悄悄话 (188 bytes) () 04/26/2011 postreply 15:42:44

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