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Originally Posted by slapass
3 million is the minimum you would need. 5% is a very doable rate in the US right now. 33% tax is where you would be in most states. So a hundred k a year after tax. That is pretty comfortable for most people. Do anything that is prductive versus destructive to the cash flow and life would be really good.
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inflation...inflation...inflation!
To keep the cash value of $3m in today's money you'll need $5m+ in 20 years. That's just preserving the value, $5m in 2026 will be roughly the same as $3m now.