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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"?
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@Epi It depends on the situation in life, but right now I and my family are doing quite well. That's why I'm already living with a surplus, but it's currently being invested. Later, with a wife and child, things will look different again, I find that really difficult to answer. I don't think there's a concrete figure. No house, no apartment, no wife and child etc., all the costs are still to come. It's really difficult.