Ninegrams wrote:It's for entertainment purposes only ( the original poster's no doubt ), or it's a talleywacker measuring contest. Certainly nothing actionable here.
randomguy wrote:yeah but making 10k/month instead of 8k is also better:) Focusing on just one side of the equation is very short sighted.
HomerJ wrote:It's real simple...
I used to need $8000 a month.
Now I need $6000 a month.
Alex Frakt wrote:Remember that each $1 of pension income replaces $25 of savings (assuming a 4% withdrawal rate).
I marked 10-15 years, although it was only a couple months over 10 years.
What low rate mortgage? We were paying 13.5% + 0.25 PMI.
TS has 1 millions in investment asset. Follow your logical thinking, he should sell his bond to pay for the house. So, he has a 400K house and 600K investment. Now, does this make any financial sense??