I could happily live off £1m capital. If invested with a very modest return of 3% that gives interest of 30K per year if no capital taken .
Now on the basis I'm not going to last for 50 years, this could be treated like a drawdown 30K plus a bit more each year, reducing the capital, even after...
For any Flintoff, Savage and the PingPong Guy fans - series 2 is 3 episodes in now
Also just discovered that Tales from Lake Wobegone by Garrison Keiler something I used to listen to many many, years ago on the radio is still going with a large archive too.
Shouldn't make much of an impact if the figures I heard on the radio are anything like right. Last YEAR Monarch flew 5.5 million passengers. In AUGUST this year Ryanair flew 17 million customers. So an extra few from Monarch could easily fit into the other airlines.