What it's based on is the long running idea that you actually don't
spend your savings but live on the interest (non existent these days) or
on dividends from investing that money. If I won a mil I'd pay off my
mortgage as there's no reason to let the banksters make off with the
interest they charge.
On 04/02/2015 12:17 PM, Michael Jackson mjackso...@yahoo.com
[FairfieldLife] wrote:
that's just a meme someone came up with - depends on how old you are,
how expensive your lifestyle, and how long you live. If you have one
million and your expenses are around even $5,000 a month, that's 60
thousand a year. One million would last you 16.6 years. If you started
off at 65 years of age, then you are 81 or so when the dough is gone.
But if you died at age 76, let's say then your heirs get some swag.
------------------------------------------------------------------------
*From:* salyavin808 <no_re...@yahoogroups.com>
*To:* FairfieldLife@yahoogroups.com
*Sent:* Thursday, April 2, 2015 3:02 PM
*Subject:* Re: [FairfieldLife] Get Lucky!
---In FairfieldLife@yahoogroups.com, <noozguru@...> wrote :
That should give them a little extra retirement money. In the US a
million dollars doesn't go that far anymore. You need about 3-4
million dollars to retire properly unless inflation goes really berserk.
A little extra? Blimey, it must be tough over there. I suppose it
depends on the sort of lifestyle you're used to. And all that health
insurance can't be cheap...
On 04/02/2015 09:49 AM, salyavin808 wrote:
Fancy winning the lottery twice? This article won't help but it's
interesting what being lucky actually means.
How to improve your luck and win the lottery twice (possibly) |
Richard Wiseman
<http://www.theguardian.com/commentisfree/2015/apr/02/improve-luck-win-euromillions-lottery-twice#comment-49835406>
image
<http://www.theguardian.com/commentisfree/2015/apr/02/improve-luck-win-euromillions-lottery-twice#comment-49835406>
How to improve your luck and win the lottery twice (poss...
<http://www.theguardian.com/commentisfree/2015/apr/02/improve-luck-win-euromillions-lottery-twice#comment-49835406>
And guess what – it has nothing to do with how many tickets you buy
View on www.theguardian.com
<http://www.theguardian.com/commentisfree/2015/apr/02/improve-luck-win-euromillions-lottery-twice#comment-49835406>
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