Let’s assume expenses are at the higher end of typical (200-300K per year). Student loans and other ongoing debts are minimal.
Let’s also assume you own your own home without a mortgage at that point.
I have a friend considering this option and asked me the question. I didn’t have a great answer despite trying to give him a pretty defined range analytically (assuming 8% mkt return, assuming two kids college tuition, etc based on his specific situation).
Let’s also assume you own your own home without a mortgage at that point.
I have a friend considering this option and asked me the question. I didn’t have a great answer despite trying to give him a pretty defined range analytically (assuming 8% mkt return, assuming two kids college tuition, etc based on his specific situation).
