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Old June 3rd 07, 04:28 AM posted to rec.aviation.piloting
Jose
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Posts: 897
Default GA Flying Down 20%

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.


Where I come from you can't live comfortably on that. And if the
inflation rate is (say) five percent, then in twenty years that $50K
would buy what $19K buys now.

Jose
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