Google Groups no longer supports new Usenet posts or subscriptions. Historical content remains viewable.
Dismiss

How Much Do I Need To "Live Off The Interest"

12 views
Skip to first unread message

Beaver Fever

unread,
Feb 4, 2021, 7:11:44 PM2/4/21
to
Anybody know?

The Real Bev

unread,
Feb 4, 2021, 8:59:39 PM2/4/21
to
On 02/04/2021 04:11 PM, Beaver Fever wrote:
> Anybody know?

Enough.

I thought everybody knew that.


--
Cheers, Bev
I've enjoyed just about as much of this as I can stand.

Bob F

unread,
Feb 4, 2021, 11:05:18 PM2/4/21
to
On 2/4/2021 4:11 PM, Beaver Fever wrote:
> Anybody know?
>

How do you want to live? It is a pretty open question you ask.

Dennis

unread,
Feb 5, 2021, 12:26:15 PM2/5/21
to
On Thu, 4 Feb 2021 16:11:41 -0800 (PST), Beaver Fever
<Beaver...@live.com> wrote:

>Anybody know?

Yes, somebody knows.
You're welcome.

Dennis (evil)
--
"There is a fine line between participation and mockery" - Wally

John Weiss

unread,
Feb 5, 2021, 1:11:24 PM2/5/21
to
On Thu, 4 Feb 2021 16:11:41 -0800 (PST), Beaver Fever
<Beaver...@live.com> wrote:
>
> Anybody know?

All depends on how long you want to live off the investment...

Beaver Fever

unread,
Feb 5, 2021, 1:28:46 PM2/5/21
to
Never working a day job again. I am 47.

John Weiss

unread,
Feb 5, 2021, 1:56:25 PM2/5/21
to
On 02/05/21 10:28, Beaver Fever wrote:
>>>
>>> Anybody know?
>> All depends on how long you want to live off the investment...
>
> Never working a day job again. I am 47.

Do the math...

How much do you need each year to live?

What interest rate can you get?

Dennis

unread,
Feb 5, 2021, 2:25:41 PM2/5/21
to
On Fri, 5 Feb 2021 10:28:43 -0800 (PST), Beaver Fever
<Beaver...@live.com> wrote:

>On Friday, February 5, 2021 at 10:11:24 AM UTC-8, John Weiss wrote:
>> On Thu, 4 Feb 2021 16:11:41 -0800 (PST), Beaver Fever
>> <Beaver...@live.com> wrote:
>> >
>> > Anybody know?
>> All depends on how long you want to live off the investment...
>
>
>Never working a day job again. I am 47.
Do you work a day job now?

The Real Bev

unread,
Feb 5, 2021, 3:03:16 PM2/5/21
to
On 02/05/2021 11:25 AM, Dennis wrote:
> On Fri, 5 Feb 2021 10:28:43 -0800 (PST), Beaver Fever
> <Beaver...@live.com> wrote:
>
>>On Friday, February 5, 2021 at 10:11:24 AM UTC-8, John Weiss wrote:
>>> On Thu, 4 Feb 2021 16:11:41 -0800 (PST), Beaver Fever
>>> <Beaver...@live.com> wrote:
>>> >
>>> > Anybody know?
>>> All depends on how long you want to live off the investment...
>>
>>
>>Never working a day job again. I am 47.
> Do you work a day job now?

This IS his day job.

--
Cheers, Bev
"Johnston [Island] was the home of a U.S. chemical weapons disposal
facility for 10 years before operations ended in November 2000.
The island was turned into a wildlife preserve."
© 2002 The Associated Press


Beaver Fever

unread,
Feb 5, 2021, 4:09:25 PM2/5/21
to
Not in several years.

Beaver Fever

unread,
Feb 5, 2021, 4:19:02 PM2/5/21
to
On Friday, February 5, 2021 at 12:03:16 PM UTC-8, The Real Bev wrote:
> On 02/05/2021 11:25 AM, Dennis wrote:
> > On Fri, 5 Feb 2021 10:28:43 -0800 (PST), Beaver Fever
> > <Beaver...@live.com> wrote:
> >
> >>On Friday, February 5, 2021 at 10:11:24 AM UTC-8, John Weiss wrote:
> >>> On Thu, 4 Feb 2021 16:11:41 -0800 (PST), Beaver Fever
> >>> <Beaver...@live.com> wrote:
> >>> >
> >>> > Anybody know?
> >>> All depends on how long you want to live off the investment...
> >>
> >>
> >>Never working a day job again. I am 47.
> > Do you work a day job now?
> This IS his day job.
>



I could use more work

Leo Isenteze

unread,
Feb 5, 2021, 6:43:24 PM2/5/21
to
On 2/4/2021 7:11 PM, Beaver Fever wrote:
> Anybody know?
>
Interest rates are too low to live on.

The 10 year Treasury yield is only 1.19%. A million dollars only
generates $11,900 a year.

How about dividends?

A high yield stock such as AT&T (T) currently yields 7.19%. A million
dollars of AT&T generates $71,900 a year.

The value of bonds and stocks go up and down every day.


0 new messages