View Single Post
  #29  
Old 02-08-2023, 07:26 PM
oilngas oilngas is offline
 
Join Date: Dec 2008
Posts: 1,025
Default

Too many assumptions in a raw number like 1.7 MM$.

But I will say at 7 to 10% inflation, low ROI's on TSX and Dow, Tax burden ever increasing, and no end in sight for Civic, Provincial and Federal spending lend credence to a number similar to 1.7 MM$ at say mid 60's.

Again big assumptions, like house 100% paid and maintenance up to date, appliance replacements etc. , vehicles n toys n cards 100% as well etc. at the cash reduction date. Ops forgot no divorce and 50% asset reduction, kids done school etc.
Reply With Quote