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Reply to "How much in assets to yield $15,000/month in investment returns?"
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[quote=Anonymous]OP, you and your sibling need to try to work together on this. It is clear you each react strongly to the other, making it worse. Why does your 60-something mother need AL? Or are you trying to plan for the future? 15K/month for a 60 yo is something altogether different than 15K/month for an 80 yo. But, back of the napkin, for 15K/month drawdown, you will need about 210K/year. (180K + income tax on that of about 30K.) That would be about 5.3mm at a 4% withdrawal rate. [/quote]
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