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Reply to "How much in assets to yield $15,000/month in investment returns?"
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[quote=Anonymous][quote=Anonymous]Thanks, PPs. Mom is in her mid-60s and is mostly in good physical health. People in her family generally live into their 90s. She has nowhere remotely close to $4 million in assets and she gets a modest amount of SS. [/quote] If she is in her mid-60s and good health, why does she need assisted living already? Mid-60s to 90s is a long time to live off her assets, whatever they are. [/quote]
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