[Ex-Con777]

For perspective:

If the 39 year old man thought he was rich, this could have woken him up. $1.3M placed in a very good investment fund would yield about $33k per year for the rest of your life. Do you think you can live the rest of your life on $33K?

EC

[marktwain]

For perspective:

If the 39 year old man thought he was rich, this could have woken him up. $1.3M placed in a very good investment fund would yield about $33k per year for the rest of your life.

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A conservative investment fund would yield about 5-7% per year. 5% of 1.3M is 65K per year.

As for living on $33K, sure, I could live very well on that amount, but I own my own modest home, don’t eat out much, and don’t drink alcohol or smoke. I enjoy myself immensely.

I have more fun with my $50 used kayak than most people have with their $50,000 powerboat.

[Georgia Girl 2]

Tax free muni’s would give you around $65,000 but still only a middle class income.

[citizen]

"Do you think you can live the rest of your life on $33K?"

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Yes. That's about what my SS is each month. But I am retired, with few expenses.

[ridesthemiles]

I LIVE ON UNDER $17,000 a year.

$33,000 would be nice—but I have NO MORTGAGE/NO CAR PAYMENTS