Income

Income can refer to cash flow derived from a variety of sources, including personal earnings, investment earnings, businesses or even real estate. These forms of income are generally referred to as earned income. There are also sources of unearned income, particularly when discussing investments. Dividends, capital gains and interest are common examples of unearned income.

What Does $3 Million Buy

$3 million in savings buys roughly $5,000 per month or $60,000 per year in inflation adjusted income.

This is inflation adjusted fixed income rather than annuity-based income.

Click here for more on TIPS and inflation adjusted retirement income.

Pages