Need some help working out projected earnings when trading for a living. Say someone has $500k capital, 100% pa return after tax and wants to take $5k a mth living expenses; how would you calculate the annual returns. That's disregarding drawdowns; I might need Einstein to figure that one out! Please let me know any other ways it can be done.
Is there a resident maths whiz to devise a formula? Any help would be much appreciated.