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Posted on 7/16/14 at 11:09 am to ULSU
Seven million.
If I don't have that by sixty I will be making due with what I have.
If I don't have that by sixty I will be making due with what I have.
Posted on 7/16/14 at 11:11 am to yellowfin
quote:
you aren't seeing much at 50k a year
Yeah, I have re-evaluated, and would need to be at $2 mil. I assume if I am not employed, that I'll pay my own health insurance (or I could just get shitty OCare). That is like $500/month easy, which is entirely employer covered right now.
Posted on 7/16/14 at 11:13 am to CidCock
Comfortably as I live now? 8 mil.
Just getting by and living? 1 mil
Just getting by and living? 1 mil
Posted on 7/16/14 at 11:25 am to auzach91
1 million
Purchase 3 condos in Orange Beach.
New income:
3 x Average yearly income of a condo at say Phoenix 10 for a 3/2 $36,997
= $110,991
Live at beach, manage properties.
Purchase 3 condos in Orange Beach.
New income:
3 x Average yearly income of a condo at say Phoenix 10 for a 3/2 $36,997
= $110,991
Live at beach, manage properties.
Posted on 7/16/14 at 11:27 am to BoogaBear
quote:
New income:
3 x Average yearly income of a condo at say Phoenix 10 for a 3/2 $36,997
= $110,991
You forgot the expenses part of the equation. No way in hell you could live on three vacation rental properties.
Posted on 7/16/14 at 11:30 am to VABuckeye
quote:
You forgot the expenses part of the equation. No way in hell you could live on three vacation rental properties.
I'm fairly used to being poor since my wife and I save over 40% of our income
and honestly have no idea what the operating cost of a rental condo is. I'd be at the beach though, so there's that.
Posted on 7/16/14 at 11:39 am to CidCock
$5m with mortgages paid
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