Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv
Wtf u get thoae numbers?
No bank is giving you 4%
1 million after taxes....
MAKES One Day interest in the bank – $109.59
Smartly can generate somewhere between 4% to 12% interest annually if
you don't touch it just let it bear interest.
Leaving you with somewhere between 40K and 120K paid out quarterly or
annually for the rest of your natural life.
You are taxed on the interest so be sure to pay uncle SAM on time every time.
40-100k+ per year with a million dollar back up in case the sky starts
falling should be enuf for anyone to live well off of or do bigger and
better things with.
http://www.accumulatingmoney.com/how-much-interest-do-you-earn-on-one-million-dollars/
http://money.cnn.com/magazines/fortune/price_rent_ratios/
Wtf u get thoae numbers?
No bank is giving you 4%