Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "And that’s the $5M point "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]So if you have 3.5-4M in savings (not including your house), where should you put this money so it generates safely 100-150k$/yr? Can that come to you tax free? We are age 55 with this amount. TIA! [/quote] If you don’t put it in a dividend fund like schd ir something, a cash management account at fidelity that automatically splits it into fdic insured blocks and earns 3-4% per year is what you would do. Fidelity only pays interest once a month though on the 1st of the month so that’s an adjustment. It’s not tax free but interest income is taxed at something like 15%. Don’t take my tax advice, do your own due diligence.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
