Bob Brinker talks about “the land of critical mass”. This is the place in your life where money is no longer a concern and you are able to live the lifestyle of your desire.
5 year @ 12 month ladder = 60 units
100k per year = 5% of 2,000,000
5 year CDs @ 5% is 10 M$ = 60 monthly 5 year CDs @ 166, 666$ for each CD
So the “land of critical mass” is about 10M$.
Wow.
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