Question: Can you please help me understand this equation 1 2 divided by . 0 4 = 3 0 0 ? I am hoping to understand

Can you please help me understand this equation 12 divided by .04=300? I am hoping to understand what financial gurus say that to know your retirement you take your monthly expenses x 300 because you can only take 4% of your retirement account to safely live off your retirement money. I cannot conceptualize dividing a number with a percentage. Thank you!

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