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| 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
$300 * 52 = $15600.> government bonds. This will pay me about $300 per week, which I > believe is enough to live off. 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. |
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