Stocks noob here. A friend of mine needs extra monthly payments to pay his bills etc. He told me he has 500k in cash and was thinking of investing it all in some index funds. I don't know if its a good idea but anyway, a couple questions popped into my mind… How much can he expect to take out monthly on average and if he takes that amount out every month for 10 or 20 years, could he still have more than 500k at the end?
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