Post #15986 by Aussi on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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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

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