can you retire after winning pd 5+0 w/ pp or w/o

Reply #26

Ronnie316 — Wed, 01 Aug 2012 04:14:04 GMT

Crash and burn baby, crash and burn,,,,,,,,,,,,,

Reply #25

mcginnin56 — Tue, 31 Jul 2012 09:36:44 GMT

Admirable plan of action Algo

Reply #24

AlgorithmGuru — Tue, 31 Jul 2012 04:55:33 GMT

If I make a million dollars or 100 million dollars or 10 dollars I probably won't retire until they start digging a hole to put me in. But I would say if someone hits for 600,000 and they don't want to work anymore, its probably time to move to Bali. Or some other place equally nice that has an economy where 600,000 is the same as being a multi-millionare. :) My retirement plan is to wing it, until I crash and burn.

Reply #23

kyokushin187 — Mon, 30 Jul 2012 14:17:02 GMT

Yes i practice kyokushin-kan.under shihan fujiwara here in connecticut usa.are their any similarities. Between shotokan and kyokushin?i know the katas are pretty similar.i am currently a 2nd degree black belt.

Reply #22

SergeM — Mon, 30 Jul 2012 13:16:48 GMT

Do you practice it? What is your belt

Reply #21

SergeM — Mon, 30 Jul 2012 13:15:50 GMT

No, I went for a lesson a week for one year in Wado and another year or longer in Shotokan. I did nearly two years Practical Taichi Chuan. After that I stopped. I am still reading articles about it and watching vids.

Judo was big here.

Reply #20

LottoGuyBC — Mon, 30 Jul 2012 12:27:09 GMT

prolly

Reply #19

kyokushin187 — Mon, 30 Jul 2012 00:03:54 GMT

Do you practice kyokushin

Reply #18

SergeM — Sun, 29 Jul 2012 21:07:57 GMT

Osu?

Otogaini lotto

Reply #17

kyokushin187 — Sat, 28 Jul 2012 11:50:15 GMT

Osu!serge.

Reply #16

savagegoose — Sat, 28 Jul 2012 07:44:24 GMT

you can retire on $1, just buy a winning lotto ticket. hehehe , dependson howyougetyour moneytowork foryou?

695k

in a bank account @ %2 = $13 900/ year.

div yielding stocks,@ %5 = $34 750 / y

it could be done its not resteasyand high life tho.

maybe a franchise, or some sort of business a moron could run and hire a moron who wont rip you off or heaven forbid, work it for your self.

no idea on the returns.

Reply #15

JonnyBgood07 — Sat, 28 Jul 2012 00:02:39 GMT

it's all about where you live..in Connecticut hell no on 5+0.You can get the house you always wanted and a car and you might as well tuck the rest away for future property taxes

Reply #14

SergeM — Sat, 28 Jul 2012 00:02:15 GMT

Reply #13

mcginnin56 — Fri, 27 Jul 2012 23:53:01 GMT

Reply #12

SergeM — Fri, 27 Jul 2012 23:47:05 GMT

There is inflation. A house can burn, a car can crash, teeth can break.

Who can you trust

Reply #11

mcginnin56 — Fri, 27 Jul 2012 21:53:14 GMT

How very true! Heard of a guy who retired comfortably on $20 (after taxes). Lucky b*****d

Reply #10

Ronnie316 — Fri, 27 Jul 2012 16:26:44 GMT

$500. is a nice little pile of cash, dont knock it. Lots of people retire with less.

Reply #9

Jill34786 — Fri, 27 Jul 2012 16:08:09 GMT

Retired on $500 ??? Does he live in a tent out in the woods

Reply #8

rdgrnr — Fri, 27 Jul 2012 16:07:42 GMT

I live back in the woods, you see

My woman and the kids, and the dogs and me

I got a shotgun, a rifle and a 4-wheel drive

And a country boy can survive

I can plow a field all day long

I can catch catfish from dusk till dawn

We make our own whiskey and our own smoke too

Ain't too many things these ol' boys can't do

We grow good ole tomatoes and homemade wine

And a country boy can survive

Country folks can survive

Because you can't starve us out

And yo... [ More ]

Reply #7

Jill34786 — Fri, 27 Jul 2012 15:59:02 GMT

With your sentiment on the $1.4 million scenario. The key to living comfortably without depleting your nest egg is allowing your money to work for you. Netting 1% on a monthly basis would provide someone $14,000 to live on. Achieving similar or slightly better results isn't too difficult with a seasoned money manager.

The $695k nest egg could also allow you to retire as long as the funds can produce 1% (7k) per month. Being sensible and grounded goes a long way to make your money last.... [ More ]

Reply #6

mcginnin56 — Fri, 27 Jul 2012 13:52:53 GMT

Yeah, everyone's different. Had a friend who retired on $500.

Reply #5

HoLeeKau — Fri, 27 Jul 2012 13:25:43 GMT

Where I live, you could probably generate enough income off that to pay the bills on a lower middle class lifestyle. I doubt there would be much left for the fun stuff tho until interest/return rates go up.

Reply #4

IPlayWeekly — Fri, 27 Jul 2012 12:20:00 GMT

It depends on where you live and lifestyle

Reply #3

Momma69 — Fri, 27 Jul 2012 12:06:48 GMT

I Would Retire It Depend

Reply #2

markp1950 — Fri, 27 Jul 2012 12:04:17 GMT

I retired on MUCH less than that.

Reply #1

mcginnin56 — Fri, 27 Jul 2012 11:29:38 GMT

$1.4 Million should be enough to retire on, provided your frugal enough to not let that instant money go to your head. I could do it easily.

$695,000 I would still be working part time, however life would be very comfortable.

These are both large amounts of money that many people are already retiring on, after contributing for 20-30 years into their IRA'S and 401K's.

Sure $100 million would be nice dream jackpot, but please, if you can't manage on these amounts, you need might nee... [ More ]

can you retire after winning pd 5+0 w/ pp or w/o

kyokushin187 — Fri, 27 Jul 2012 11:17:53 GMT

If a 35 year old hit pb for 2 mil 1,399.500.00 after taxes.would that be enough to stop working or get a part time job and still live comfortable.and what about 5+0 w/o pp?thats about 695,000.00 after taxes.