Quote:
Originally Posted by tirebob
I would think though that your 1.7mil is invested and you are making and living on the interest/dividends etc no? If you have pension as well you may not be living large, but I imagine you are living comfortably assuming you have realistic expectations.
Big difference between the guy who wants to travel the world still and buy a new Benz every 2 years versus the guy who just wants to putter away at hobbies and go fishing and hunting regularly in his truck he will probably have until the day he dies if you know what I mean...
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Yup 2 million gives you 100K a year at 5%, my guy tends to get that percentage every year!