Post #15984 by longtimebrk on the Berkshire Hathaway board

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

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No. of Recommendations: 6

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

$5m puts a US resident in the top 1-4% of wealth. Not bad.

Even drawing 5% a year (similar to Warren's recommendation) that equates to $250k. Assuming LT Capital Gains rate remains around 24% (state income taxes may matter) this ain't half bad!

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