All Forum Posts by: Jonathan McDermott

Thanks for the link. I've read it and I think I understand. I'm just confused on what specific actions you take at the beginning of the year to pay yourself out of your portfolio for that year living expenses. I guess I'm looking for an ELI5 type of explanation! Thanks for all the help.

I was curious how somebody who has reached there "number" how they withdraw the money on a yearly basis? Do they sell the amount of stock that equals 4%? Where does the money come from to live off of I suppose?