Hi Daemon, great question. I didn’t include all the variables because I wanted to stay on message with this Article (other articles I get into the weeds).

I was looking at the total return (yield + price growth) to arrive at the 1.14 million after 38 years. If memory serves I was assuming just north if 5% total return per year. and then assuming a similar 3.5% yield would generate the $40K in passive income

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