View Single Post
  #62  
Old June 3rd 07, 12:49 PM posted to rec.aviation.piloting
Bob Noel
external usenet poster
 
Posts: 1,374
Default GA Flying Down 20%

In article ,
Jose wrote:

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.


um, my after-tax income isn't much more than $50,000. I think I'm
living pretty comfortably. Heck, my retirement target is around that.
Maybe we have different concepts of "comfortable."

--
Bob Noel
(goodness, please trim replies!!!)