ST Alpha - ""book a hotel for 20 years" ... I wonder how much principal you'd need to be able to book a hotel room for 20 years on interest alone." (Reading a Post)

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"book a hotel for 20 years" ... I wonder how much principal you'd need to be able to book a hotel room for 20 years on interest alone.

Posted by Beryllium (aka grayman) Mar 20 '18, 15:49

Keeping in mind that inflation would cause the room rates to rise, and the rate payments could prevent the compounding of interest.

This is a silly question. Never mind.

Responses:

$100k/yr covers $250+ per night. 100k/.02 in CD interest needs 5 million in principal, but $2m should cover 20yrs if you spend it all. -- nm* - Max Mar 20, 15:55 3
- What fancy hotel are you staying in at $250/night? - JaxSean Mar 20, 16:32
- how much would need to keep growing principle to keep up with inflation...20 years you'd probably need 1000 a night -- nm - zeitgeist Mar 20, 16:07 1
  - Growing your principal faster than the likely inflation rate for hotels sounds like a challenge. -- nm - Max Mar 20, 16:13

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"book a hotel for 20 years" ... I wonder how much principal you'd need to be able to book a hotel room for 20 years on interest alone.

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