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06-18-2014, 11:59 AM
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#16
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Valued Poster
Join Date: Apr 2, 2009
Location: Dallas Texas
Posts: 967
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If I had a million, poon party would be on!! This is a lady question. Guys won't leave this, they will, however leave a dead relationship given a nice incentive. If I win the lotto, I'll pay off the house, buy the SO a new car and deposit 2 million in our account...... leaving the rest in another account and go to the carribean, get some uhm ......new paper and head to Belize, Costa Rica et al and disappear.
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06-18-2014, 12:23 PM
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#17
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Moderator
Join Date: Nov 22, 2009
Location: Happyville
Posts: 11,449
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Give me $250 and a burger and I am gone.
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06-18-2014, 12:27 PM
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#18
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Valued Poster
Join Date: Jan 3, 2010
Location: Texas
Posts: 770
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Quote:
Originally Posted by Jessica Jade
+1 ain't that the truth. For me I'd say enough to invest in something that would keep making money for me. No matter how much money you make (or have) you are never truly rich unless your money works for you.
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You are 100% correct Jessica. That said, I think that is what THN and Grace are doing as well. They have a number that allows them the ability to begin earning in an alternate method. Bottom line, if I understand correctly, the number has to be enough to ensure you are able to keep earning enough money to support yourself, whether that be from a new career, or from investments.
BT77
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06-18-2014, 12:33 PM
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#19
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Just a girl in the world.
User ID: 444
Join Date: Apr 1, 2009
Location: Worldwide
Posts: 3,915
My ECCIE Reviews
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Dude, no joke... if someone plopped 75k in my hand right now, I would be gone.
No, I wouldn't blow it all on Caribbean vacations.
School/rent/expenses for a couple years will make a huge difference in my transitional period. You would be surprised how small a savvy chicks real life expenses can be.
But fuck... I get so grumpy when I haven't gotten laid... I would still be a horny cunt.
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06-18-2014, 12:56 PM
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#20
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Account Disabled
User ID: 223328
Join Date: Dec 29, 2013
Location: Dallas
Posts: 314
My ECCIE Reviews
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Someone, teach me how to invest in the stock market, and I'm out of here.
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06-18-2014, 01:23 PM
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#21
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Account Disabled
Join Date: Feb 15, 2012
Location: .
Posts: 3,870
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Good question!
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06-18-2014, 01:23 PM
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#22
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Account Disabled
Join Date: Feb 15, 2012
Location: .
Posts: 3,870
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Wouldn't it be nice if we were all rich and we did whatever (or whoever) the fuck we wanted to. How did life get so complicated from childhood years over simple greenbacks? The more $ you have the more problens you have I tell ya. That's why I take pleasure in the journey because sometimes the destination is overrated. Oh yeah, if I had the $$$ I would bang until my dick fell off.
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06-18-2014, 01:41 PM
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#23
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Valued Poster
Join Date: Nov 5, 2010
Location: East Texas
Posts: 115
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1 million @ 5% returns 50K, less taxes of 20% would result in 40K. This is why most financial planners suggest 3.5 million for retirement. I would suggest since gifts are taxed over 10K, taxes are to be collected. I suggest that most of the numbers that were given are not going to provide for the goals listed. This is not to say the numbers given did not sound impressive it is just when the numbers are crunched it takes more than we think to reach a goal.
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06-18-2014, 01:43 PM
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#24
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Account Disabled
User ID: 223328
Join Date: Dec 29, 2013
Location: Dallas
Posts: 314
My ECCIE Reviews
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Towncryer, it isn't actual retirement funds. Is how much CASH would you need to quit providing
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06-18-2014, 01:48 PM
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#25
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Madame Moderator
User ID: 123904
Join Date: Feb 27, 2012
Location: Restaurant at the End of the Universe
Posts: 9,693
My ECCIE Reviews
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Yeah.. my 75K isn't to retire outright... it is to retire from the hobby and not look back. It is enough for me to execute my exit strategy without working.
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06-18-2014, 02:30 PM
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#26
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Valued Poster
Join Date: Jan 3, 2010
Location: Texas
Posts: 770
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Quote:
Originally Posted by TownCryer
1 million @ 5% returns 50K, less taxes of 20% would result in 40K. This is why most financial planners suggest 3.5 million for retirement. I would suggest since gifts are taxed over 10K, taxes are to be collected. I suggest that most of the numbers that were given are not going to provide for the goals listed. This is not to say the numbers given did not sound impressive it is just when the numbers are crunched it takes more than we think to reach a goal.
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A couple of thoughts, initially, gifts over 14k are taxed not 10k, that said, you are assuming they would report the gift LOL. Also, I think it is realistic to earn between 8 and 12% ROI meaning $80-120k less taxes. Finally, I think most of the ladies that have responded so far are talking about what it would take for them to stop providing not stop working entirely.
I could be wrong though.
BT77
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06-18-2014, 03:47 PM
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#27
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Account Disabled
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I] (Boy, it is easy to get swept away in the moment, isn't it?) I would say, $100,000... that should be enough to keep me going long enough for me to focus strictly on getting my company off the ground... and not worry about the day to day living expenses... [/I]
Quote:
Originally Posted by ElisabethWhispers
I would prefer $750,000. Then, I could easily retire and be comfortable.
Go back to school ... volunteer. Live a frugal life of understated elegance.
Travel the world and live close to the ground while doing so.
(Gosh. Listen to me, will 'ya?)
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Sounds great Elisabeth!!! Let me know if you need a traveling companion!!! ....
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06-18-2014, 03:49 PM
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#28
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Pending Age Verification
User ID: 99379
Join Date: Sep 7, 2011
Location: Dallas
Posts: 730
My ECCIE Reviews
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Oh man....at least 500k....that'd be enough to get rid of all of my debt and get into.school and then be able live comfortably for a while.
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06-18-2014, 03:51 PM
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#29
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Pending Age Verification
User ID: 99379
Join Date: Sep 7, 2011
Location: Dallas
Posts: 730
My ECCIE Reviews
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Lol. I meant 50k
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06-18-2014, 04:06 PM
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#30
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Professional Tush Hog.
Join Date: Mar 27, 2009
Location: Here and there.
Posts: 8,959
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Hard to say from a customer's perspective. The more cash you have, the harder it is not to hobby. But if you could get the last $x you've been needing to put your retirement plan in place, it would be a sacrifice worth taking. I'm $4 - 5 M away from where I want to be to do everything I want in retirement, but I'd probably quit hobbying for some fraction of that.
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