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Old 08-31-2006, 09:07 AM  
fallenmuffin
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It all depends on your living style. You can buy a house anywhere from 50,000$ to 8,000,000$. So if you bought a 130,000$ home, 36,000$ car, and lived "normally" with investments and savings you could make that million last forever. With aggressive growth mutual funds you could score 15% a year, with a 12 month CD you do 7%. That's 70,000$ just for saving your money or 150,000$ just for taking a small risk.

Most people work 40 years at 50,000 a year thats 2,000,000 (2 million) max their lifetime. So yeah a million dollars is alot. I could live the rest of my life on a million dollars but it wouldn't include private jets and hookers, lol.
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