re: arthur/forest/hypothetical financial advice
If you put you 2 mill with a bank at 5% interest you will be able to draw down $150,000 a year for 10 years at which time you will have approx 1.6 mill left. Say you are then 70, you might reduce your spending and draw down 100,000 for the next 10 years which will leave you with 1.3 mill left. By now you are 80 with few expenses and the 1.3 should last as long as you do. This supposes that interest rates will stay as low as 5% which is unlikely as they will probably go up in that time, this allows you to increase your draw down. Also your house will appreciate over time and you might want to swap it for something smaller (cheaper) again adding to your pot of money. If you want a hassle free investment you can't beat it.
