Miranda was trying to figure out if she could quit her New York lawyering job and retire to Palo Alto.
‘One financial planner said, “Sure, easy, I can get you 7% to 8% percent on your money. You’ll have no problem living on that. I’ll take 1.5% from your gross assets each year as my cut, to make this work for you.”
Her friend Valerie told Miranda, “Anyone says they can get you more than 3% a year is a liar.”
Palo Alto bedroom….