Hello, How old are you and are a man or a women? Thanks Tom
Give a few minutes and I will do the calculation
Sorry its taking longer than expected
Hello, $51,500 per month based onliving 25 more years
This is based on very conservitive 3.5% return on your investment.
Since we are in historically low returns I would suggest that you have it recalcuated every 5 years but this is conservative enough that you should be able to increase with the cost of inflation and still be fine.
I am not an investment adviser but this calculation is based on a conservative investment in bonds. If you invest it in a blend of stocks and bonds you could increase your monthly by 50%. You want to invest in an incremental investment that gets more conservative as you get older. Tom
No that is a yearly figure $51,500
Sorry I said per month, I meant per year. The monthly would be $4300