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Yakk · 12-01-2004, 08:43 AM

Invest. Allocate some of the above-inflation return as income, and roll some of it back into the fund to offset downturns.

I am aware that you can live a lifestyle where 1 million $ won't even buy a home. I don't really want to.

I'd otherwise continue living, but I would be relatively free of any worry about finiantial security.

(Even 4% after-inflation/tax return would be enough: roll 1% back into the fund. 30,000$/year is well more than enough to live on.)

Naturally, the first thing you'd want is to contact accountants and do some finiantial planning.

12-01-2004, 08:43 AM	#27 (permalink)
Yakk Wehret Den Anfängen! Location: Ontario, Canada	Invest. Allocate some of the above-inflation return as income, and roll some of it back into the fund to offset downturns. I am aware that you can live a lifestyle where 1 million $ won't even buy a home. I don't really want to. I'd otherwise continue living, but I would be relatively free of any worry about finiantial security. (Even 4% after-inflation/tax return would be enough: roll 1% back into the fund. 30,000$/year is well more than enough to live on.) Naturally, the first thing you'd want is to contact accountants and do some finiantial planning. __________________ Last edited by JHVH : 10-29-4004 BC at 09:00 PM. Reason: Time for a rest.