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[–] 1 point 1 week ago

I was about to mention this too. The idea is that you invest it and only take out enough to cover your expenses. People typically use 4% as an estimate for average annual growth in the stock market, so 25x your annual expenses would theoretically allow you to maintain it indefinitely.

For reference, $40,000 annual expenses (including taxes) would require $1,000,000 invested, so that's an easy reference point.

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