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post #8 of Old 02-03-2010
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Okay, so maybe indefinitely is the wrong word. Figure a 5% rate of return on average, so 10K a year without touching the principal. If you are a retiree with pension income it is doable. If you are not a retiree, then figure that you will have to dip into your principal. Which means you could only cruise for 10 years or so before you have to get a job.
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