Re:Lost Diamonds: How our current system is failing underpri...
by wavegeek on Thursday September 29, 2016 @11:41PM
(#12610414)
> That's $180,000 annually at a measly 0.75% interest
Actually that 0.75 is negative in real terms (after taking off inflation currently 1.1% - not to mention taxation). A person drawing $180k would be burning their capital.
Actually that 0.75 is negative in real terms (after taking off inflation currently 1.1% - not to mention taxation). A person drawing $180k would be burning their capital.