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TimLie@TimLie
1Anno
Where does multiplying by 25 in the 4% rule come from mathematically?
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Nostradonkey💩@DonkeyInvestor
1Anno
@TimLie 4% corresponds to 1/25.
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TimLie@TimLie
1Anno
@DonkeyInvestor I see, i.e. Total money needed * 0.04 = money needed annually and then converted that gives the formula. Thank you, heard today for the first time about the 4% rule.👍🏽
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