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Microsoft Corporation Message Board

  • will.needy will.needy Apr 7, 2013 8:41 AM Flag

    A financial plan that makes sense

    Say you're 65, with $200,000 in various investments. Begin by figuring out your healthy life expectancy. Say it's 85. Where are you going at 85 right? Golfing? Jamaica?

    Now, figure with conservative dividends, you can make 4% per year on that $200,000 or 8,000 a year.

    Withdraw the $8,000 a year divi plus 1/20 of the $200,000 principal or total of about $18,000 a year to do what you want with. Trips, cars, whatever. Enjoy it.

    Then when you are 85, you will have nothing left as an investment, but your house or car or anything you purchased with your withdrawals.

    You'll still get Social Security to live on.

    Why be the richest man in the graveyard?

    At least the government won't confiscate what you don't have too.

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