The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: What to do now?||Date: 4/24/2006 9:16 PM|
|Author: AngelMay||Number: 51377 of 81335|
We have $42k in a PayPal Money Market account earning 4.52% interest/month.
I kinda doubt this.
If you are really earning 4.52% interest every month, I want in on that. :o)
I think you meant to say that you are earning an annualized 4.52% interest which is paid each month.
Lessee now.... 4.52% each month comes to.... 54.24% per year (and that's not even counting the compounding of the interest!)
My company pays me a pension and I receive 100% Disability from Social Security. Plus, my company pays me 50% of my salary until retirement age (67) as long as I continue to qualify. So, for the moment, we (my wife and I) receive $5471/month. All medical is paid through the company with usual co-pays, etc.
Holy Cow! You are sitting on easy street! And with insurance, too!
So, on to the subject of hand - What to do now?
Enjoy life? :o)
|Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|