I didn’t want to get into a debate of how long he might live vs how conservative he would need to be with the money. Seems a bit grim of a discussion. I guess he could go out with a bang by spending it all on hookers and blow, but it’s really difficult to gauge how much he could get away with spending to maximize comfort in his remaining years and not leave too much money on the table.
didn’t want to get into a debate of how long he might live vs how conservative he would need to be with the money. Seems a bit grim of a discussion.
That’s a conversation we all need to have at some point in our lives. That’s literally the heart of retirement planning. Nobody except for the very rich retires without doing that math and making some assumptions.
I didn’t want to get into a debate of how long he might live vs how conservative he would need to be with the money. Seems a bit grim of a discussion. I guess he could go out with a bang by spending it all on hookers and blow, but it’s really difficult to gauge how much he could get away with spending to maximize comfort in his remaining years and not leave too much money on the table.
That’s a conversation we all need to have at some point in our lives. That’s literally the heart of retirement planning. Nobody except for the very rich retires without doing that math and making some assumptions.
I’m fine discussing my own mortality. Guessing at someone else’s, even hypothetically, seems like bad form. JMO.
Fair enough.