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And $2 Million will yield a continuous $80K per year without touching the principal. As others have said it all comes down to what you need to support your lifestyle. Just remember; foreign travel, fuel for the RV, property maintenance on distant properties, and Greens Fees (all goals stated by many as they approach retirement) are expensive.
posted by 68.42.115...
_______________________________________
Saabs owned:
2008 9-5 Aero Sedan, sold at 227K miles
2006 9-3SC 2.0T - Wife's daily driver
2000 Viggen Convertible - Sold May, 2022
1964 Quantum IV Formula Car - Retirement project
2000 9-5lpt Sedan, sold at 318K miles
Posts in this Thread:
- How much $$$ you need to RETIRE, STICKMAN, Thu, 2 Aug 2012 12:01:37
- Re: How much $$$ you need to RETIRE, Licensed FA, Fri, 3 Aug 2012 20:59:45
- Good investment real estate, Janik, Fri, 3 Aug 2012 17:30:13
- $3M, Sam 3, Thu, 2 Aug 2012 19:50:05
- Re: $3M, PT, Fri, 3 Aug 2012 07:54:30
- $1 Million will yield a continuous $40K per year at 4%, MI-Roger
, Thu, 2 Aug 2012 18:51:21 <-- Viewing This Message - Re: How much $$$ you need to RETIRE, Justin VanAbrahams
, Thu, 2 Aug 2012 12:15:43- ... tried to be clear, STICKMAN, Fri, 3 Aug 2012 07:08:33
- Re: Start off by determining your income needs, paul de k, Thu, 2 Aug 2012 13:29:45
- Re: How much $$$ you need to RETIRE, BarryMabel
, Thu, 2 Aug 2012 12:49:25 - Re: How much $$$ you need to RETIRE, Mark from Toronto, Thu, 2 Aug 2012 12:43:59
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