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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Oh god.
So uh yeah. Maybe I could just buy a few franchises or invest in real estate instead. ow.
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"Asking a bomb squad if an old bomb is still "real" is not the best thing to do if you want to save it." - denim
Last edited by skier; 11-04-2005 at 04:51 PM..
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