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To: Jeffry K. Smith who wrote (8451)3/21/2000 9:38:00 AM
From: John Carragher  Respond to of 35685
 
Scary thinking of retirement and needing 3% a month for income? Your looking at 36% a year in returns for the next 20 years or more. I wouldn't think it is possible. What about inflation? What would be your requirement in 10 or 15 years?



To: Jeffry K. Smith who wrote (8451)3/21/2000 10:23:00 AM
From: abuelita  Read Replies (1) | Respond to of 35685
 
<excuse me for barging in, but if you get your account to $1 million, 3% a month is $30,000>

Your absolutely right Jeffry. Hadn't thought of it that way. That's what happens when you read and post messages late a night with an empty bottle of red at your elbow!

Thanks for the response.

Rose