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Reply to "What would you consider a large trust fund?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] I need to be able to buy the occasional Porsche to enjoy during my retirement. That's tough to do on a $200k yearly income if I also want to travel, eat, discover the cause of the hubbub over wine and golf, and engage in a variety of other hobbies, past times, and impromptu merry making on my impulse, due to an abundance of free time. I've decided with the missus that to achieve the above, along with consideration for all of her worldly wants and needs, we need $500k/year in today's dollars, growing with inflation or at least tracking with the price of a good pair of pants at Neiman Marcus. [/quote] Dying to know your 2014 HHI.[/quote] Just over a mil, not counting unrealized gains in properties and stocks. It's not as glamorous as the zeros would lead you to believe. I still have to staple papers together by myself and my kids use my desk as the landing pad for the quad copters they received for their after-Christmas-but-before-New-Years present.[/quote] Ok that's why you want at least 500K, gotcha.[/quote]
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