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Rxpert83 t1_j296615 wrote

You've learned to invest yourself. Learning how to calculate when you have enough and how much you can withdraw to not run out of money is just as easy.

You get to keep the fees too, which over 30 years is a LOT.

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Cautious_Second7321 OP t1_j297g9k wrote

That’s fair. I’m not really sure how to even approach that portion if investing. Just don’t want to get down the road and realize i’m in the same position as my dad.

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Beach_Mountain50 t1_j2ddwfk wrote

JFC, man. Save up $6M like your dad and then buy an annuity and that will tell you how much you can spend every year. If you have a spouse, get it with survivorship. Problem solved. Now pay me 1% of your $6M annually.

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