Subject: Re: Thoughts on Berkshire withdrawal strategy
Yes, I’d imagine $60K of current value goods & services in 20 years would cost one >$96K, likely More given threat of inflationary risks long term.

Warren’s net worth ($142B) appears up 210% vs. his net worth in 2006 ($46B when he announced the huge Gates Foundation gifting), despite his 4-5% annual giving.

Berkshire share prices have held up pretty well in their growth and purchasing power, however I doubt we will do as well over the next 20 years given our $>1T size. Inflation + 6-8% would be nice.