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How Long Will Your $1 Million Last in Retirement?

  • #161
  • Apr 25, 2022 7:26am Apr 25, 2022 7:26am
Quoting KarlStone
Really depends on your lifestyle. The FIRE (financial independence, retire early) guys would aim for about 1M, then live off dividends and bond yields. 1M is getting much smaller nowadays though. I think the point is to create a bot or generate enough passive income where you make money with a minimum amount of maintenance. Then it's not a matter of 'how long will my 1M savings last', but rather 'how do my assets generate passive income'

Great Point there ! and thanks for sharing.

The best retirement strategy would be based on protecting our money first and then using our money to control passive income generating assets.
If we learn to generate passive cash flow, we have more control of your retirement income.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #162
  • Apr 25, 2022 7:42am Apr 25, 2022 7:42am
USD CAD

Waiting for set up to complete

Attached Image (click to enlarge)
Click to Enlarge Name: ucad 006.jpg Size: 109 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #163
  • Apr 25, 2022 2:36pm Apr 25, 2022 2:36pm
Quoting Pat Chiko
USD CAD Waiting for set up to complete {image}

USD CAD


Unfilled Limit Order by 2 pips.......

I didn't watch this trade after placing Limit. I've marked the zone to the pips, but not giving me the pips.

Gone by 52 pips. Wait for pull back to enter tomorrow.
Attached Image (click to enlarge)
Click to Enlarge Name: ucad 007.jpg Size: 142 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #164
  • Apr 28, 2022 3:39am Apr 28, 2022 3:39am
Hey PAT
NU W1 liquidity grab below 0.6488 and reaction.
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  • #165
  • May 1, 2022 5:14pm May 1, 2022 5:14pm
Quoting Pat Chiko
{quote} USD CAD Unfilled Limit Order by 2 pips....... I didn't watch this trade after placing Limit. I've marked the zone to the pips, but not giving me the pips. Gone by 52 pips. Wait for pull back to enter tomorrow. {image}
UCAD

QM N3


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Click to Enlarge Name: ucad 008.jpg Size: 152 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #166
  • May 1, 2022 5:33pm May 1, 2022 5:33pm
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #167
  • May 1, 2022 6:09pm May 1, 2022 6:09pm
Couple of years in New York...couple of centuries in Bali.
Everyone can see the chart, but only a few can actually read it.
  • #168
  • May 1, 2022 7:03pm May 1, 2022 7:03pm
Quoting OnlineAddict
Couple of years in New York...couple of centuries in Bali.
In 1971 I stayed in Kuta in Bali for 30 days and it cost me just $30.
My room with breakfast (fried banana on toast with a glass of coffee) cost just 30 cents a night. The other 70 cents a day was spent on street food (including the occasional feed of Magic Mushrooms).
That was 51 years ago though.
In the days of old when sailors were bold, and seldom if ever contented.
  • #169
  • May 2, 2022 10:01pm May 2, 2022 10:01pm
Quoting Pat Chiko
{quote} UCAD QM N3 {image}
USD CAD

Second Entry
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #170
  • May 4, 2022 8:13pm May 4, 2022 8:13pm
Quoting Pat Chiko
{quote} USD CAD Second Entry {image}
USD CAD


Moved Stop

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #171
  • May 6, 2022 5:02am May 6, 2022 5:02am
Quoting Pat Chiko
{image}
Thanks for wishing Eid al Adha in advance
"Exchange of hands"
  • #172
  • May 7, 2022 1:11pm May 7, 2022 1:11pm
$1k a month for living expenses, so a long time lol.
Love to talk on Discord: DividendGamer#1324
  • #173
  • May 7, 2022 1:17pm May 7, 2022 1:17pm
As others have rightly pointed out. It depends on your lifestyle. If you are a Big spender, live in a mega city? Then probably a year.
  • #174
  • May 10, 2022 1:29am May 10, 2022 1:29am
GBP USD


Retest zone N3

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Click to Enlarge Name: gu 016.jpg Size: 110 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #175
  • May 10, 2022 2:25am May 10, 2022 2:25am
Quoting Pat Chiko
GBP USD Retest zone N3 {image}
GU

Quick TP

Time for reversal trade.



Attached Image (click to enlarge)
Click to Enlarge Name: gu 017.jpg Size: 153 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #176
  • May 10, 2022 2:29am May 10, 2022 2:29am
Quoting Pat Chiko
{quote} GU Quick TP Time for reversal trade. {image}
GU

Long N3

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Click to Enlarge Name: gu 018.jpg Size: 74 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #177
  • May 10, 2022 3:22am May 10, 2022 3:22am
Quoting Pat Chiko
{quote} GU Long N3 {image}
GU

Add


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Click to Enlarge Name: gu 019.jpg Size: 138 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #178
  • May 10, 2022 4:43am May 10, 2022 4:43am
Quoting Pat Chiko
{quote} GU Add {image}
GU


Add position

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #179
  • May 10, 2022 4:49am May 10, 2022 4:49am
GOLD

Short


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Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #180
  • May 10, 2022 5:20am May 10, 2022 5:20am
Quoting Pat Chiko
GOLD Short {image}
GOLD


add

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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