Rachel Cruze
👤 SpeakerAppearances Over Time
Podcast Appearances
So I think if you guys keep it around that million-dollar mark...
from just the rough math of even if you just didn't even add the other million, but you had the two million, and if you're living off 6% or whatever it may be, I think you're gonna be, you guys will be totally fine.
Do you have a good financial planner?
No, that's fair.
So I think, yeah, I think sitting down and kind of running out all the numbers with someone, because if you're 72 and in good health, I mean, you could live another 20 years.
But I think, Jay, did you?
I mean, I think the million you have five hundred thousand in your primary home now is just pulling out another five hundred thousand to upgrade to a million dollar home.
And then you guys will have that two million in cash.
And then you'll be putting some money away continually.
And then I think from there.
I mean, I think you've got a great nest egg.
And yeah, I think you'd be totally fine.
But again, I think running all scenarios with somebody who's looking at the market, looking at rates, looking at how aggressive your funds are, how not aggressive they're putting.
I mean, whatever that you're invested in, I would be running some long term numbers because, you know, there is the percentage of what you want to withdraw that makes sense from a
historical perspective of what the market makes, right?
So like, of course, one year, you know, or last year was like 23% or something crazy.
Oh, it was crazy.