You put a decimal point in the wrong place. 7% of 1.8M is 126K, not 12.6K. Really it would be more like 77K from 1.1M once you factor in taxes, but for most people that's more than enough to live on without ever…
You put a decimal point in the wrong place. 7% of 1.8M is 126K, not 12.6K. Really it would be more like 77K from 1.1M once you factor in taxes, but for most people that's more than enough to live on without ever…