Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
The Competition
FedEx Discussions
RTD Guy's let's hear how life is
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Oldfart" data-source="post: 3646759" data-attributes="member: 64407"><p>Ask a 5th grader to show you the math. You are thinking interest only. What about the 300k principle? 300k drawing 4% taking out 2k a month will last 18 years. If you pass away after 15 years, your kids or whomever will get 50k left over from that 300k. If you draw 2k per month and pass away after 15 years, your kids get NOTHING. I will take the 300k myself. Others might jump at 2k per month. Either way, just using it as an example.</p></blockquote><p></p>
[QUOTE="Oldfart, post: 3646759, member: 64407"] Ask a 5th grader to show you the math. You are thinking interest only. What about the 300k principle? 300k drawing 4% taking out 2k a month will last 18 years. If you pass away after 15 years, your kids or whomever will get 50k left over from that 300k. If you draw 2k per month and pass away after 15 years, your kids get NOTHING. I will take the 300k myself. Others might jump at 2k per month. Either way, just using it as an example. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
The Competition
FedEx Discussions
RTD Guy's let's hear how life is
Top