|
|
|
|
|
|
by behrlich
1434 days ago
|
|
|
Using the 4% rule on $5k, your monthly payment would be $16 / month. The 4% rule is generally used for an on time retirement, so there’s no reason to believe you’d be able to maintain your $16 / month payment in perpetuity. I don’t think $16 a month is going to change their lives any more than buying necessities they need now with the $5k, but I guess we’d need another study for that :) |
|
|