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Hokie CPA

Joined: 10/28/1999 Posts: 79477
Likes: 9047


You can live on the interest on the rest and never touch the principle.


Let's say you conservatively earn a measly 3%. On $280MM? That's $8.4MM per year! You should live quite comfortably on a fraction of that and compound larger earnings the next year. As long as you don't go apes••• crazy, your family should be comfortable for a few generations.

(In response to this post by fordham)

Posted: 10/17/2018 at 12:40PM



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