re: Do you have a MINIMUM PAYOUT dollar figure?

quote:

---

Haven't given it much thought since I'm just beginning my career, but probably somewhere in the $5-7 million range.

---

generating 5-7M is going to be tough. It would take 20 years depositing 10k a month @ 7% to get to 5M. 30 years if you deposit $5k a month.

Its not impossible, but those saving rates are just ridiculous for most people. I mean, to save $60k a year, you figure you need to make at least 180k a year.