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Think so that everything runs smoothly 300-400k, so only in the depot
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@Bizzle Why 400k, if you don't mind me asking? With the 4%pa withdrawal rate, the portfolio generates just 10k pa and then another 20% tax on top of that, resulting in just 666€pM. Too much to die for, too little to live for...
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@Epi I am just 23 years old and would only touch the money in an emergency. As things stand now, everything can still be reinvested. And the pot will slowly get fuller and fuller until I'm 50 :)
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@Bizzle Okay, so the same question again: when is the pot full enough? 😉
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@Epi I don't think there's an end, I don't think it has much to do with greed or anything like that, it's just a nice hedge, there's no end in sight.
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@Bizzle Why no end? I mean, at some point you at least run out of imagination about what to spend money on sensibly, don't you? Above 80kpa there is no more gain in happiness in life. Why stress about more?
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@Epi don't think you'll run out of imagination when you've achieved everything you want, then the question is how down-to-earth you still are. If you don't run out of money, then I would personally try to donate the "surplus". It shouldn't be that much more stress. It all depends on your standard of living.
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@Bizzle I see. So you're in the "never enough" camp?
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@Epi yes exactly, you can do so much good with the money you "don't need", so I think many who are active here are already doing well, but if you are really through and don't need anything more, then always like to do something good with the "surplus" :)
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@Bizzle If only it were that easy! 😅

But again: at what point would you have a "surplus"?
@Epi, @Bizzle But there is still a gain in happiness after that.
I agree that 80k pa (adjusted for inflation) should be enough for you.

But I dream of being able to support a larger number of other people who really need it, or good organizations.
It would give me great satisfaction if I could achieve that and do it for a long time.
Unfortunately, I am very, very far away from that and I don't know if I will ever achieve it.
At the moment I make do with small monthly donations to two worldwide charitable organizations.
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