At 12:07 AM +0100 12/5/06, Barbara Touburg wrote:
One million???
How much money does one need to live out his life without any other income??
One million U.S.$ invested at a conservative 6% would yield $60,000
per year, which today is a middle class income and probably not a
living family income in a very expensive city or area. If you're
content to live in the forest and eat bicycles, the percentages
change.
John
--
John & Susie Howell
Virginia Tech Department of Music
Blacksburg, Virginia, U.S.A 24061-0240
Vox (540) 231-8411 Fax (540) 231-5034
(mailto:[EMAIL PROTECTED])
http://www.music.vt.edu/faculty/howell/howell.html
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