Q: I’m a 49-year-old millionaire bringing in $370K per year. I lose a lot of sleep worrying about running out of money in retirement. What should I do? A: Get a part-time job that offers family insurance [Stupid]
AliceBToklasLives:Budget as if you make 150K/year and put the rest in safe investments?
Ah yes. Safe investments.With the US market the way that it is, put some of it abroad, I would guess.
But with that salary, I would guess that the number one investment would be the person’s health and development. At 49, there are another 15 years to go before retirement, so get out and do some cardio, keep the brain healthy, and slug it out until retirement. Every extra year worked is more saving and less consumption…
