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To: brownsfan
A million in a 401k isn’t wealthy.

Hey! If you put that in amount 30 year Treasuries (after paying income taxes on the principal leaving maybe $700K) @ 1.62% you could get 11 or 12 thousand dollars a year for doing nothing!

You'd be livin large!

43 posted on 11/19/2020 8:14:42 AM PST by glorgau
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To: glorgau

“You’d be livin large!”

You consider 11 or 12k a year living large?


49 posted on 11/19/2020 8:22:04 AM PST by brownsfan (Behold, the power of government cheese.)
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To: glorgau

“Hey! If you put that in amount 30 year Treasuries (after paying income taxes on the principal leaving maybe $700K) @ 1.62% you could get 11 or 12 thousand dollars a year for doing nothing!”

I remember when i was in Jr. High you could get 12-15% via a CD. Now, after saving a lifetime to accumulate some $$, you get 1.62%!!!!


73 posted on 11/19/2020 12:05:16 PM PST by utax
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