The Real Estate Financial Planner Blueprint™
$1MM - 0% Inflation
Rules
If you remember, Rules modify Accounts and Properties in the Scenario. For this Scenario we have the following 1 Rule.
Let's look at the Rule below.
Paycheck and Personal Expenses
This Rule runs for the entire Scenario.
With the Paycheck and Personal Expenses, we collect a paycheck and pay our personal living expenses out of the $1MM in Stocks @ 7%/yr Account each month. We start out paying $3,333 Inflation Adjusted per month in personal expenses and that increases with inflation over time. We do pay taxes on the amount we collect from our paycheck at a rate of 13.36%.
Copy Scenario into my Real Estate Financial Planner™ Software AccountBlueprint™ Menu of Sections
- Introduction
- Accounts
- Properties
- Rules
- Significant Events
- Achieved Financial Independence Goal
- Achieved Ideal Financial Independence Goal
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports