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428: The Mad Fientist on Early Retirement in Your 40s and 4% Rule Updates

BiggerPockets Money Podcast

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How to Make Money in the Stock Market

If you have a million dollar portfolio, and you want to withdraw at the 4% rule, right, that's 40 grand a year. And the market crashes 20% in the first year. You're much more likely to see the average 10 plus percent return of the stock market in the early years. So if you're willing to just run those odds, you're like, Oh, my downside is great. I'm going to work at Starbucks for, you know, part time for part of this year. As my worst case scenario, that's pretty good. And your best case scenario is you again, pursue these side projects. That would give you four times more wealth over the end

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