wombat666
Administrator
Well Mike just a couple of calculations and we have $500K = 12 months 'Good Living', or perhaps enough for a new Lexus GT V10 or maybe a new Porsche GT3 and some petrol money.
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Please see the most recent updates in the "Where did the .com name go?" thread. Posts number 16 and 17.
Do you think this is right?
- Thread starter hey_moe
- Start date
Gdavis101
Charter Member
It doesn't say much for her integrity, but on the other hand that is what is wrong with this country.. A lot of people think they have some sort of entitlement to Welfare and it ruins it for the people that really need it. Just makes a mockery out of the Welfare system and bankrupts the government and affects other programs like medicare and social security and people like her do not care.
Well said.
norab
Charter Member
Well Mike just a couple of calculations and we have $500K = 12 months 'Good Living', or perhaps enough for a new Lexus GT V10 or maybe a new Porsche GT3 and some petrol money.
for me, the 500K would pay off my mortage, put college money away for my two daughters, and still leave me with about 350K still in the bank, so I'd call myself well off, alternately my wife and I could take 9 years off from work without breaking a sweat, so I would call it living "good", so I guess it's your personal viewpoint
GIve me 500 grand and ask me if I'm struggling. I would answer...Not any more. I'd put that half million in a secure savings account or a lock box or some such...and "pay" myself $20 thousand a year for the next 25 years. At that time, I'd be 68 years old and ready for the nursing home.
OBIO
OBIO
wombat666
Administrator
Not only personal viewpoint but also personal circumstances, we have no kids, owe no money and work our own hours .......and my tongue was firmly planted in my cheek.