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I don't see in the post where it says they're spending 1% a month.

If the couple has the 300K invested in conservative investments and can live on 24K a year, ( 4% of 300k, plus 1000/month SS) then it may work.


Working back from the numbers listed. They are expected to spend the $300,000 within 8 years (96 months). To do that they are spending approximately $3,000 of the $300,000 a month, plus the Social Secturity. It isn't an exact number, but is a good approximation.

4% of $300,000 is $12,000, which means that they would need to cut their current spending by about half for this to work. Currently, they have no interest in cutting back or increasing income. One or the other must occur or the money will be gone within 8 years.

The question was if there was anyway to invest the funds to support their current lifestyle. The answer is no.

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