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Alan Greene's List: Finance/Investing
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Jul 04, 10
First you have to define what living comfortably is. $50,000 per year would provide that.
1 million invested in 5% non-taxable bonds would provide 50k year.
So simply= you get 10k per year for each 1% on the interest rate on each 1 million.
Or 5k per year for each 1% of interest rate on each $500,000.
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