View Single Post
  #8  
Old June 2nd 07, 05:33 AM posted to rec.aviation.piloting
Jay Honeck
external usenet poster
 
Posts: 3,573
Default GA Flying Down 20%

While it's not what it once was, a million bucks is enough to live on
quite comfortably for decades.


Where? And at what inflation rate?


$1 million dollars, without so much as putting it in a passbook
savings account, will net you $50K per year for 20 years. That's two
decades.

Invest it even semi-wisely, and you should make it three decades or
more.

I could live quite comfortably on that, without so much as a part-time
job...
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"