What is the 4% withdrawal rule?
I've heard about a financial strategy called the 4% withdrawal rule, but I'm not sure what it means. Can someone explain this concept to me, including how it works and why it's important for retirement planning?
Are tips a good retirement investment?
I'm considering investing my money for retirement, and I'm wondering if tips, like the ones earned by waiters or bartenders, can be a good option for retirement investment. Are they a reliable source of income for long-term investment planning?
Is 10 million pesos enough to retire in the Philippines?
I'm wondering if having 10 million pesos would be sufficient for me to retire comfortably in the Philippines. I want to understand if this amount can provide me with a decent lifestyle in my post-work years.
What is the 4% safe withdrawal rule?
I'm interested in learning about the 4% SAFE withdrawal rule. Could you explain what it is and how it works in the context of retirement planning or investing?
How much money is needed to retire in the Philippines?
Can you provide some insight into the financial requirements for retirement in the Philippines? What is the average cost of living, and how much money would an individual or couple typically need to have saved up in order to comfortably retire there? Are there any specific factors that could impact the amount of money needed, such as healthcare costs or lifestyle choices?