Mar 8, 2024
Nope. That was not a typo. If you lose 365,000 in a year, you will have bring in another 365,000. That makes a total withdrawal of 730,000. Since every draw accelerates the pace of deaths due to the deteriorating quality of the available pool, add a small percentage on top of this. You are looking at 1 million. Thanks for asking. I should have explained this in the article.