How much money...

[Deuce 1]

Would a person have to have in the bank or investments or whatever to get $3600 per month off it, forever?

Come on financial wizards! Show me what you got!

[Remster 30]

How long is a piece of rope? lmao

Remster

[kansasskydiver 0]

I need to know how long you're going to keep it in, what the interest rate is, how many times it componds and what ammount you'd be withdrawing how often, how much you put in in the first place, and how long it had been sitting there

then i can tell you

<--- See look, pink dolphins DO exist!

[Deuce 1]

I need an answer from the capitalist American economy anyhow, you fromage.

I fart in your general direction.

(but I like your wife, so don't take too much offense. You can't be all bad. But I take that purely as a matter of faith)

[Deuce 1]

For the sake of this argument, we're talking right now, how much money would have to be securely invested to generate that income?

[kansasskydiver 0]

i still need that info. it's not as easy as you think to come up with, I atleast need a percentage rate on the investment and for how many years.

i'll assume the rest

<--- See look, pink dolphins DO exist!

[Jib 0]

$700k ish depending on interest rate

Found this:
http://www.cybersmartinvestor.com/pvalacal.asp

--------------------------------------------------
the depth of his depravity sickens me.
-- Jerry Falwell, People v. Larry Flynt

[KawiZX900 0]

I don't know but the first investment broker I called after I got out of the NAVY laughed at my paltry 10,000 chunk of change. Said it'd take more like 100,000 to get him remotely interested.

Looks like I called the right guy. Fucker.

Accelerate hard to get them looking, then slam on the fronts and rollright beside the car, hanging the back wheel at eye level for a few seconds. Guaranteed reaction- Dave Sonsky

[Vertifly 0]

Dude, you at least have to provide percentage rates.

..but 3600 * 12 (months) = 43,200

That is 4.32% of $1million.

Sounds like reasonable interest rate to get now-a-days on something out there. A bond perhaps. But remember, these numbers are well before taxes. You would need to add about 1/3 extra toward all of the numbers to figure all that crap in. Good luck.

[Deuce 1]

Thanks. So about a million three to pull $3600 a month, after taxes.

I know that's a wild hair figure, but I appreciate it.

[Aviatrr 0]

Dude...just remember...when you take out a loan for a million bucks, you have to figure in the interest you pay before you figure your net income..

Mike