It should be higher. As the previous questioner talked about in terms of whether it should be higher or lower, it seems that the $50,000 translates to about $1 million at a return of 5%. For a lot of people, if they're relying on that for retirement, $1 million is still a small number.
First of all, if the corporation is set up for an individual, the $50,000 per year would strike me as being on the low side. For a small business, even a business that qualifies for the small business tax deduction, we talked about oil and gas, but you could talk about agriculture. If you're buying capital equipment, it's quite expensive. In fact, $1 million in equipment is not an unusual number and it could be quite higher for a small business.
My point is that they should be looking at a higher number, and I'd like to know how they actually arrived at the number they ended up with.