Quote:
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Originally Posted by Yakk
200 k/year
40% average tax
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120 k/year
Inflation at 2.2%. On 4 m:
88 k/year
120 k/year - 88 k/year = 32 k/year
4 m in a 5% CD with 40% average tax and 2.2% inflation gives you 32 k/year inflation-protected post-tax income.
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Don't be such a downer... can't a man have a dream?
I kept thinking what is that company going to do when 17 people don't show up for work...