LogFAQs > #979755122

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Topic	How much money would it take for you to never work again?
archizzy 04/05/24 8:43:30 PM #20:	IfGodCouldDie posted... If we went by a 5% monthly return I'd need 3 million to continue providing what I do for my kids if they were both 18 I could get away with the 1 million. I meant 5% for the year. AYP (Annual Yearly Percentage) That is where the $50,000 comes from. 5% a month would be $600,000 a year. --- PSN ID: sled_dogs76 60" Pioneer Kuro Elite PRO151FD, Yamaha RX-V3900 A/V Receiver, Oppo DV983-H player. Coming soon: 2 Seaton Submersives from Mark Seaton <cite>archizzy posted [p:979755122] in How much m... [t:80740064]...</cite> <quote>IfGodCouldDie posted... </cite><quote>If we went by a 5% monthly return I'd need 3 million to continue providing what I do for my kids if they were both 18 I could get away with the 1 million.</quote>I meant 5% for the year. AYP (Annual Yearly Percentage) That is where the $50,000 comes from. 5% a month would be $600,000 a year. --- PSN ID: sled_dogs7660" Pioneer Kuro Elite PRO151FD, Yamaha RX-V3900 A/V Receiver, Oppo DV983-H player. Coming soon: 2 Seaton Submersives from Mark Seaton</quote> ... Copied to Clipboard!
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