Hunt for 7
Built Hurley Strong
- Joined
- Dec 27, 2022
- Messages
- 1,712
- Reaction Score
- 5,880
Has anyone ever heard of the base consumption theory. What was written about $4m one time payment is only accurate in the area of agent fees and taxes. $100k a year is an ok living. It puts you in the lower end of middle class in CT. Getting $4M in your early 20’s and then living on $100k a year is not possible IMO. No matter how disciplined you are. And $100k in 20 years with 6% inflation is a lot less. The financial advisor did not consider the cost of goods. A Lincoln Navigator is about $100k right now. And that’s low end luxury compared to the foreign counterparts.