ADVERTISEMENT

OT Retirement

Need $10M in the bank to pay yourself $300k/year in interest and leave a lasting generational legacy via thoughtfully constructed trust
Why would someone have $10M in the bank?

Banks like Ally are offering 5% on money market accounts right now so that would be a guaranteed $500k

But anyone with $10M wouldn’t have their money in a bank and could conservatively make the market average of 7-8% every year. So that’s $750k annually without touching principle.

Anyone that’s setting up their dependents with generational wealth doesn’t have much more than a penny in the bank.
  • Like
Reactions: OzzyLvr

Mens BB transfers Gavin G, Morgan and Rollie N

Can anyone provide insight on why Essegian's stats/minutes went down so much this year? He went from averaging 12 points and 27 minutes a game as a freshman, to only 3 points and 7 minutes a game as a sophomore. That is very strange to see a player's production go down so much after a very good freshman year. He was on the Big Ten All-Freshman team a year ago.
They got AJ Storr last year in the portal, there are only so many minutes in a game. Essegian’s was on the all freshman B1G Team.
ADVERTISEMENT

Filter

ADVERTISEMENT