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TrulyReconciled ( member #3031) posted at 7:07 PM on Friday, August 2nd, 2013
50k is more than I'm living on now.
Understood - there are many variables ... one person or two? Situation with dependents? Area of country?
$50k/year is one thing in Louisana ... quite another in NYC 
"In a time of deceit, telling the Truth is a revolutionary act."
sisoon ( Moderator #31240) posted at 8:00 PM on Friday, August 2nd, 2013
And if you plan to take this year's equivalent of $50K out of a $1M stake every year in the future, you run a pretty high risk of running out of $ before you die.
fBH (me) - on d-day: 66, Married 43, together 45, same sex apDDay - 12/22/2010Recover'd and R'edYou don't have to like your boundaries. You just have to set and enforce them.
asurvivor ( member #32368) posted at 8:28 PM on Friday, August 2nd, 2013
I know this guy in Nigeria who has an incredible opportunity for you. He or one of his associates email me about it every other month but I just don't have the 1 million to invest right now. He seems real credible and is a king or prince or prime minister or something.
I've wiped the shit off. It can be wiped off you know.
HopeFloats2272 ( member #39264) posted at 8:38 PM on Friday, August 2nd, 2013
^^^ 
BS- 40, WH 38Married 13yrs, 2 Sweet Boys-9 & 13DD#1: 1/10/12- 6mo EADD#2: 8/23/12-1PA, 2ONS in 2010 and 1EA/PA in 2004DD#3: 9/10/12- ONS w/friend in 2010Lots of other crap and TT Divorcing....finally.
Faithful w/Love ( member #33128) posted at 9:27 PM on Friday, August 2nd, 2013
I am so happy that you built your nest egg. Wish I could do that.
Maybe once divorce I can... I am just trying to figure out if I can buy a house or not.. Renting SUCKS ASS!
Whoooooaaaaa!
BS(ME)41 WH(HIM)38
DD 21 and DS 16
Separated Aug 2012
Moved back home Oct 31 2013
Separated again June 2014. Heading toward divorce.
False R. Still Lying.
"You never know how strong you are until being strong is all you have left"
yoyojo ( member #11738) posted at 2:10 PM on Saturday, August 3rd, 2013
Depending on your area, I'd consider a portion of it into solid assets such as rental homes. If you know the market, you can have a constant income flow and maintain the value of your investment.
I didn't plan to become a landlord, but it has worked out extremely well for me.
Let me know if you have any questions!
Me-BS
H - WS
My beautiful kids, 3 innocent victims 1,4,& 5
Deeply Scared ( Administrator #2) posted at 2:39 PM on Saturday, August 3rd, 2013
Have you tried calling 1800-IAM-RICH?
"Don't give up, the beginning is always the hardest." My Mom:)
My tolerance for stupid shit is getting less and less.
Shockleader (original poster member #36827) posted at 12:25 AM on Sunday, August 4th, 2013
Thanks everyone, and for the laughs! I have actually been looking into rental options, using a management company... Lots to consider, and plan for.
Thanks again!
D-Day spring 2012
Me BS 53
Xcheater... Who cares.
One DD 25
Married 23 years
Divorced 12/23/13 Fu*king A!
The cruel, the unkind, those without honor, feast on the tender heart...
Sad in AZ ( member #24239) posted at 1:11 PM on Sunday, August 4th, 2013
I have nothing to contribute (financially or advise-wise) but I wish you the best of luck. My XBIL had to return to work at the age of 73 when his retirement account took a hit during the collapse.
I know I'll be thinking about you from my retirement cardboard box under the overpass
You are important and you matter. Your feelings matter. Your voice matters. Your story matters. Your life matters. Always.
Me: FBS (no longer betrayed nor a spouse)-63
D-day: 2007 (two years before finding SI)
S: 6/2010; D: 3/2011
solus sto ( member #30989) posted at 1:31 AM on Monday, August 5th, 2013
I'll let you know when Mr. Trac-Fone kicks and I collect his life insurance. Until then, I will be worrying whether I will lose the house, after all.
BS-me, 62; X-irrelevant; we’re D & NC. "So much for the past and present. The future is called 'perhaps,' which is the only possible thing to call the future. And the important thing is not to let that scare you." Tennessee Williams
karmahappens ( member #35846) posted at 3:50 AM on Monday, August 5th, 2013
I have been struggling with the same question...
When you figure it out would you give me a heads up? My mattress is sooo uncomfortable 
“And the day came when the risk to remain tight in a bud was more painful than the risk it took to blossom”
Anaïs Nin
Me: 45
Him: 47
Dday 8/2007
We have R'd
Rebreather ( member #30817) posted at 7:25 PM on Monday, August 5th, 2013
The market. The market. The market. I'd spread it around, find a broker you love or that you can mooch info off of, read Baron's every day, watch the charts and trends. I have someone do a lot of this for me, but he believes time=money, so he is up my butt a LOT about what's going on and what he is seeing. It is great as I have learned a lot. I made a killing on Vietnam this year, don't be afraid to put money in China and Europe (even though Europe is doing something weird right now.) I've sold off some stuff for now, waiting for the September low.
I believe in cycles. And in not acquiring debt. Our house will be paid off when I turn 50 and my spouse wants to retire in 8 years at 54. That's our goal. We also intend to live simply when retired, travel some, but really, just LIVE.
Me BS
Him WH
2 ddays in '07
Rec'd.
"The cure for the pain, is the pain." -Rumi
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