Retirees Face Up to the 'Million-Dollar Illusion'
A million dollars isn't what it ... can afford to be very flexible: just 2 percent of a $1 billion portfolio is still $20 million. With economizing, even a big spender should be able to scrape by on that. But $20,000 — the cash flow from a $1 million ...
$1 million may not be enough for retirement
So here’s a sign of the times: $1 million isn’t enough to retire on anymore. To be clear, here’s what we mean by $1 million: We’re including what you have in any savings and retirement ... 500,000 saved, 4 percent of that is $20,000 per year.
City approves $1.2 million in police overtime
One of several budget amendments approved by the Jackson City Council on Tuesday included $1.2 million for the Jackson Police Department to cover overtime. Ninety-six to 98 percent of the amendment ... department received $20,000 for Civic Center salaries ...
Money $marts: A million bucks is not even close to what it used to be
Current interest rates on investing the money safely were in the 2 percent per annum range on a five-year term; about 1.5 percent on less. This meant the couple could earn a maximum of $20,000 per ... $125 a week. A million dollars was worth 165 years ...
Million Dollar Listing NY S1E5: Two Is Better Than One
Welcome to Bravo's Million Dollar ... 20,000 a month. Will Tom go for it? After some back and forth, he gets the deal and an $8,000 commission, but somehow that sexy model shoot and casting must have cost him at least $2,000. Still, a deal is a deal ...