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re: Advise on Large sum payout

Posted on 11/17/14 at 11:02 am to
Posted by I Love Bama
Alabama
Member since Nov 2007
37737 posts
Posted on 11/17/14 at 11:02 am to
quote:

This person could live off of 50K/yr. No debt.


Then they are set. If they can live off of $50,000 per year and they get 2 million, that allows their nest egg to grow for even more security.
Posted by TigerSaint1
Member since Apr 2014
1479 posts
Posted on 11/17/14 at 11:08 am to
Bama, for some diversification I'm surprised you didn't say to buy a couple rental properties.
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