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Old June 3rd 07, 07:00 PM posted to rec.aviation.piloting
Bertie the Bunyip
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Default GA Flying Down 20%

On Jun 2, 11:05 am, Mxsmanic wrote:
Jay Honeck writes:
$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.


In two decades, it will be worth only $27,000 in constant dollars. After
allowing for taxes and other expenses, it will hardly amount to anything.

I could live quite comfortably on that, without so much as a part-time
job...


You've probably already earned considerably more than that. Where is it now?


mine? IN airplanes bikes cars and a house, not to mention the memories
of a million other things.

WEhile your´s is all in "railroad tycoon"



Bertie