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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (15081)4/1/2013 3:02:00 PM
From: upanddown  Read Replies (1) | Respond to of 34328
 
If one earns $50K per year and is able to save 10% of their income, in 10 years you could build up the necessary capital ( $488K) to generate the equivalent monthly income stream that one disability claimant receives.

You might want to check your math there. Saving 10% of a $50K income for 10 years gives you $50K, assuming no gains on the savings. Accumulating $488K at 5K per year would take close to 100 years.


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