4 ms·
> £20k/year doesn't actually strike me as that much. You should learn about investing. If he invested the initial amount without spending it, a moderate divid
by muuh-gnu 11y ago
> £20k/year doesn't actually strike me as that much.
You should learn about investing.
If he invested the initial amount without spending it, a moderate dividend yield of 3% would make him $15000 a year. Add 25 years of dividend growth, and he is probably receiving $50000-$100000 today, or even more if he reinvseted some of the dividends.