Subject: Re: The Time Warren Buffett Fooled Himself
It's like giving your kid $5 million.

Five's a nightmare. Can't retire. Not worth it to work. The poorest rich person.


The 4% rule may not be right, but I expect close enough for planning purposes. 4% of $5M is $200k per year. This exceeds about 85% of households in the US. I think most people would not consider this to be a nightmare except they would have to decide what they really want to do if not work. Perhaps the nightmare is not working?

Aussi