Re: How to invest 300k for a 40 year old who needs to live off of it.

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Number of messages in the thread: 1

1. Date: 2007-01-04 21:11:05
Subject: Re: How to invest 300k for a 40 year old who needs to live off of it.
From: "Elizabeth Richardson" <e...@w...att.net> Search message by this author

"kastnna" <k...@a...org> wrote in message
news:1167933622.171404.213860@51g2000cwl.googlegroup
s.com...

>I meant the earnings on the 300K would be
> taxed every year. So she would need more than 8.33% to have $25K in
> spendable dollars.
>

Yes, all the earnings would be taxable, unless, of course, she were to
invest in something like muni bonds, when she gives up the earnings she so
desperately needs. The MORE than 8.33% escalates if she spends any of the
$300k principal.

Elizabeth Richardson