6 ms·
> That's $180,000 annually at a measly 0.75% interest Actually that 0.75 is negative in real terms (after taking off inflation currently 1.1% - not to mention
by wavegeek 10y ago
> That's $180,000 annually at a measly 0.75% interest
Actually that 0.75 is negative in real terms (after taking off inflation currently 1.1% - not to mention taxation). A person drawing $180k would be burning their capital.