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![]() "Newps" wrote in message . .. Jay Honeck wrote: $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. You can't live comfortably on $50K per year? Remember, you would be incurring NONE of the expenses inherent with earning a living (I.E.: Commuting, clothes, etc.) Don't you drive 4 miles to work? Jay's not talking about his situation NOW. |
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