Talk of The Villages Florida - View Single Post - TV residents: 39% are millionaires
Thread: TV residents: 39% are millionaires
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Old 09-05-2023, 04:53 PM
kkingston57 kkingston57 is offline
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Quote:
Originally Posted by CoachKandSportsguy View Post
rich to the average person is wealth > $5M for today. . next year, will need more. .
Doubt it. Today you can get 5% from a bank with no downside. 5 mil X.05 =250K a year plus SS and maybe a pension. Probably no mortgage and you are not touching your principal.