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re: Is $1 million a lot of money in 2019?
Posted on 6/22/19 at 12:19 pm to Ace Midnight
Posted on 6/22/19 at 12:19 pm to Ace Midnight
quote:
If you had $1 million and you were, say, 60. Assuming reasonable health and a life expectancy of 85 at that point, could you retire? You could take, what $40k or maybe $50k (after a particularly good year)
You could take more than $50k per year. Easily.
Posted on 6/27/19 at 9:34 am to LSU6262
Equally as important to retirement is having no debt. Once you get there, it doesn’t take much monthly.
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