Except money earned on interest is taxed at 50% and you throw in another 2% for inflation and you'd be at near poverty level.
Better fund them social programs.
Quote:
Originally Posted by originalhypa
The crazy thing is, it's still a ton of money.
If you had a million bucks fall into your lap today, it would change your life. Not in a way that means you could retire and buy a private jet, but invested properly a million dollars is still worth about $80k a year in interest and dividends. Spend wisely, and it would last a long time.
|