Go Back   CDN Business Directory > Main Category > Financial Planning

 
 
Thread Tools Display Modes
  #-1  
Old 02-12-2009, 12:31 PM
tiger
Guest
 
Posts: n/a
Default Re: Increase Risk as You Age?

On Jan 16, 11:07 am, norak <k.no...[at]gmail.com> wrote:
- quote -

> My aim is to save up $220,000 as fast as possible and invest this in
> government bonds. This will pay me about $300 per week, which I
> believe is enough to live off.


$300 * 52 = $15600.

In a former post, I received a stern rebuke for such a number. In the
US this is below poverty. Please use $50k/yr as an realistic number.

dapperdobbs on Jan 6 2008, 11:14 pm:
- quote -

> I also question the 15k expenditures given in your example, since that
> is below poverty - more realistic is near the middle of the income /
> spending distribution. Looking at the BLS (Bureau of Labor Statistics)
> tables, the middle quintile income and spending is around $50,000 a
> year per family, which gives a number to work with.


 
Similar Threads
Thread Forum Replies Last Post
Does the equity risk premium justify the risk?
beliavsky@aol.com: A survey of professional investors in the U.S. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=959703 found that their average estimate of the...
Financial Planning 4 07-17-2008 05:04 AM
At Risk Rule, IRS
Raquel666: I am sole propritor of my business (Limited Liability Company) that buys and sells vacant land. I have alot of expenses paying property taxes on...
Taxes 1 04-09-2007 06:13 AM
At-risk rules
BoatTroy@aol.com: Although I enjoy the challenge of reading through the IRS publications and forms, I'm finally baffled by one - At-Risk rules. I would appreciate...
Taxes 5 03-17-2006 08:57 PM
understanding risk
anoop: Financial literature is full of statements talking about "risk vs reward." I've read many books but I can't seem to understand how to quantify...
Financial Planning 69 06-18-2005 07:27 PM
At Risk Rules
Michelle Kapp: On the bottom of schedule C we have to check the at risk box to determine if our loss can be used against our other w-2 income on our 1040. This...
Taxes 3 01-13-2004 05:06 PM



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

All times are GMT. The time now is 03:34 PM.