The most prestigious law school admissions discussion board in the world.
|
 |
 
|
Net worth you'd need at 35 to feel comfortable retiring/living off investments?
Poast new message in this thread
Date: April 22nd, 2018 9:24 PM Author: Aqua Wagecucks $2 million? $5 million? $10 million? (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35896944) |
 |
Date: April 22nd, 2018 9:39 PM Author: fuchsia theater reading party 5 would be most realistic. A buck isn’t worth anything anymore. Ten is dramatic. You can never have a family. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897052) |
|
Date: April 23rd, 2018 11:03 AM Author: Aqua Wagecucks ? (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35899627) |
Date: April 22nd, 2018 9:25 PM Author: Domesticated grizzly orchestra pit 10 (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35896957) |
|
Date: April 22nd, 2018 9:26 PM Author: Aqua Wagecucks Why 10? Isn't avg lifetime earnings for people with advanced degrees like $3-5 million (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35896966) |
|
Date: April 22nd, 2018 9:37 PM Author: Aqua Wagecucks https://www.ssa.gov/retirementpolicy/research/education-earnings.html 2.7mm for men with a graduate degree, 2.2 with bachelors |
|
Date: April 22nd, 2018 9:59 PM Author: wine floppy station Doesn’t include investment income though, I’m sure, which should about double those figures assuming proper saving and investing (more if done aggressively or skillfully). (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897149) |
|
Date: April 22nd, 2018 10:37 PM Author: Aqua Wagecucks That's a BOLD assumption (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897352) |
|
Date: April 23rd, 2018 3:52 AM Author: wine floppy station Which part? (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35898608) |
|
Date: April 23rd, 2018 11:02 AM Author: Aqua Wagecucks The part where you assume proper saving and investing (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35899622) |
|
Date: April 23rd, 2018 9:00 PM Author: wine floppy station Ok (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35904591) |
|
Date: April 22nd, 2018 9:26 PM Author: Rambunctious azure generalized bond dragon when the time comes, 1 btc should do it. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35896962) |
|
Date: April 22nd, 2018 9:39 PM Author: disrespectful walnut national security agency kitchen (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897051) |
|
Date: April 22nd, 2018 9:26 PM Author: wine floppy station $5MM (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35896965) |
|
Date: April 22nd, 2018 10:44 PM Author: cocky comical toaster (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897390) |
|
Date: April 22nd, 2018 9:27 PM Author: Beta liquid oxygen private investor what's the avg and median net worth of americans at 35? (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35896967) |
|
Date: April 22nd, 2018 9:28 PM Author: appetizing mildly autistic juggernaut $40K (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35896976) |
|
Date: April 22nd, 2018 9:32 PM Author: Beta liquid oxygen private investor no way. that's avg salary (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897011) |
|
Date: April 22nd, 2018 9:33 PM Author: appetizing mildly autistic juggernaut Americans are not financially educated (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897015) |
|
Date: April 22nd, 2018 11:34 PM Author: Provocative rebellious sweet tailpipe the average 60 year old has like 150k in their 401k. you do the math. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897703) |
|
Date: April 23rd, 2018 12:27 AM Author: red associate link? (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35898098) |
|
Date: April 23rd, 2018 2:26 PM Author: translucent titillating community account Thats only cuz like a cuck they all support their kids through college and beyond. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901663) |
|
Date: April 22nd, 2018 9:28 PM Author: Vivacious Cobalt Hominid $20m (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35896973) |
|
Date: April 22nd, 2018 9:32 PM Author: Heady Mentally Impaired Sound Barrier 5MM spits out 100K/year and you should be comfortable with that. The only real problems are health care and housing. If you inherit a house or something then ur set. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897010) |
|
Date: April 22nd, 2018 9:35 PM Author: Aqua Wagecucks 100k a year via what investment? (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897025) |
|
Date: April 22nd, 2018 9:39 PM Author: wine floppy station That’s only 2%. Even CD rates are at 2.7% currently and you can find savings accounts at 1.6% for that kind of balance. Not hard.... (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897045) |
|
Date: April 22nd, 2018 9:40 PM Author: Aqua Wagecucks Yeah didn't think it was hard but wanted to ask regardless put it all in bitcoin and vanguard etf cr? |
|
Date: April 23rd, 2018 1:24 AM Author: glittery sooty hall jewess The broad equities market has about a 2% weighted average dividend. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35898297) |
|
Date: April 24th, 2018 12:05 AM Author: flickering narrow-minded dilemma milk T has a 5.5 dividend (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35906026) |
|
Date: April 22nd, 2018 9:33 PM Author: Navy indirect expression windowlicker Whatever 1 spouse that makes 200k/yr in flyover is worth (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897014) |
|
Date: April 22nd, 2018 9:37 PM Author: Aqua Wagecucks That's not retirement (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897040) |
|
Date: April 22nd, 2018 9:48 PM Author: Navy indirect expression windowlicker it's retirement for me (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897096) |
|
Date: April 22nd, 2018 9:46 PM Author: Adventurous stage mother $6-7M to just stop and never go into work again. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897085) |
|
Date: April 22nd, 2018 10:37 PM Author: Aqua Wagecucks At 35?? Seems high (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897354) |
|
Date: April 23rd, 2018 2:47 PM Author: Adventurous stage mother I got big bills buddy, and don't want to downgrade lifestyle. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901881) |
|
Date: April 23rd, 2018 9:03 PM Author: Aqua Wagecucks Lol what are you wasting money on (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35904616) |
|
Date: April 22nd, 2018 10:42 PM Author: french lettuce turdskin Depends on how much you hate your job, for one. NW to be comfortable getting pushed out at work with no other options, and ngaf about resume gaps? Even if you have a couple million, you'd still feel like a failure and it'd be a source of stress. In your spare time you will read xo poasts by poasters who make $600k. "What is wrong with me?" you'll ask, "this guy maeks $600k! me: poast!" Chances are if you have a job, you'll still work like a maniac to keep it, if that's your personality type. Nobody can just quit GC, it's like crack except without the highs. You will be made to feel ignomonious for not participating, this is why wagecucks have been known to die without cause, mere months into retirement. In order to be above the fray you have to be worth MILLIONS. It's not about the money per se because you can live in a trailer in Arknansas, poast like a KING for not much $. It's about keeping up with the JONESES and having HEALTH INSURANCE that you don't use, an overpriced Car, and a $500k tuition fund for your children. |
|
Date: April 22nd, 2018 11:32 PM Author: Thirsty Gas Station $2M at 4% a year is 80k in flyover country you can live like a king. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897695) |
|
Date: April 22nd, 2018 11:33 PM Author: stubborn crotch center $10B (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897698) |
|
Date: April 22nd, 2018 11:35 PM Author: brindle kink-friendly newt scourge upon the earth There's no telling what real estate taxes and health care will cost 50 years from now. $5m probably isn't enough (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897725) |
|
Date: April 22nd, 2018 11:35 PM Author: Honey-headed motley athletic conference $2-3M in SE Asia or E Europe is kingly (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897726) |
|
Date: April 23rd, 2018 12:06 AM Author: Disturbing Principal's Office Karate That's relatively poor for singapore (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897974) |
|
Date: April 23rd, 2018 2:28 PM Author: translucent titillating community account Oh, please, a decent but not spectacular 2 bedroom apartment in Moscow is like $1.1 million and thats after the sanctions. Its only kingly in some shit city. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901672) |
|
Date: April 23rd, 2018 12:24 AM Author: free-loading trip stock car with $5mm in equities churning like 3% in dividends and 3% in real growth you could do it. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35898079) |
|
Date: April 23rd, 2018 12:24 AM Author: Milky violent nursing home I'm retiring at 27 with 100k (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35898082) |
|
Date: April 23rd, 2018 1:22 AM Author: glittery sooty hall jewess $1,181,250 (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35898293) |
|
Date: April 23rd, 2018 2:48 AM Author: Lavender french chef quadroon This thread is profoundly mentally ill. 1m is more than enough. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35898524) |
|
Date: April 23rd, 2018 11:02 AM Author: Aqua Wagecucks Explain (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35899619) |
|
Date: April 23rd, 2018 2:29 PM Author: translucent titillating community account No. Im worth like $1.5mil. I cant retire on that. Now $4 million is another story. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901680) |
|
Date: April 23rd, 2018 5:26 PM Author: Lavender french chef quadroon You can't retire in fucking Hoboken on that no (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35903225) |
|
Date: April 23rd, 2018 2:48 PM Author: big whorehouse That’s literally nothing (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901889) |
|
Date: April 23rd, 2018 5:26 PM Author: Lavender french chef quadroon Leave USA you retarded black nigger (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35903229) |
|
Date: April 23rd, 2018 11:03 AM Author: Confused pit 5 million is tcr (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35899623) |
|
Date: April 23rd, 2018 11:11 AM Author: Hairraiser citrine masturbator 3 million. Maybe less. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35899667) |
|
Date: April 23rd, 2018 2:11 PM Author: Aqua Wagecucks How would you make it work to age 80+ (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901507) |
|
Date: April 23rd, 2018 2:41 PM Author: Hairraiser citrine masturbator I can't find an easy to use annuity calculator that includes COLA adjustments but I'd put maybe 1.5 mil into an immediate annuity and try to keep withdrawals front the rest at 2.5%. My earning record already would provide a respectable SS payment so that will help. I have simple needs and could easily do it in less than this. 3 mil presupposes the wife stays with me. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901795) |
|
Date: April 23rd, 2018 2:46 PM Author: glittery sooty hall jewess $3 million x 0.04 = $120,000 (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901860) |
|
Date: April 23rd, 2018 2:13 PM Author: Razzmatazz chad chapel Im planning to retire at 500k (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901534) |
|
Date: April 23rd, 2018 2:15 PM Author: Aqua Wagecucks Explain (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901553) |
|
Date: April 23rd, 2018 2:42 PM Author: Vigorous sexy kitty 2.5 with a paid off & comfortable condo/house.
but i doubt i could just "retire" at that age
the xo NEET fantasy is not sustainable. at 2.5, i would devote myself to an artistic/business venture |
|
Date: April 23rd, 2018 2:43 PM Author: Hairraiser citrine masturbator Describe your ventures. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901819) |
|
Date: April 23rd, 2018 2:45 PM Author: Vigorous sexy kitty good question. moonshots.
most likely work with someone technical to develop a business tool, and then try to pimp it out using salespeople. make another 2-3m sell it. try it again. maybe something in real estate similar to what i did before. that market is untapped and demand growing in my current city |
|
Date: April 23rd, 2018 2:47 PM Author: glittery sooty hall jewess DESCRIBE your next Airbnb scam. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901871) |
|
Date: April 23rd, 2018 2:50 PM Author: Vigorous sexy kitty in bigger cities like nyc/dc/sf there is something called "corporate housing" - this is essentially the "airbnb scam" business model, except you own the condo or work with the owner(s) of the property, rather than leveraging your rental.
so you put down a down payment on 3 condos, rent them out full time and instead of renting them for 1.5k each month with one year leases, you gross 4k a month through rentals on airbnb or similar sites.
i also had some luck with "real estate sevices." which is just anything related to real estate - you manage tenants, collect rent, send repair guys over, list properites and find tenants etc. |
|
Date: April 23rd, 2018 2:48 PM Author: Hairraiser citrine masturbator I would spend 12 hours a day playing with my dog, at least for the first year or so. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901886) |
|
Date: April 23rd, 2018 5:04 PM Author: Vigorous sexy kitty pics (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35903094) |
|
Date: April 23rd, 2018 5:11 PM Author: Crystalline lodge kitty cat Given inflation, $10mm is minimum. Especially as the average 35 person today will probably live to 110. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35903141) |
|
Date: April 23rd, 2018 5:13 PM Author: Vigorous sexy kitty (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35903146) |
|
Date: April 23rd, 2018 5:14 PM Author: beady-eyed deep bawdyhouse police squad (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35903153) |
|
Date: April 23rd, 2018 8:43 PM Author: Aqua Wagecucks fma (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35904505) |
|
Date: April 23rd, 2018 9:02 PM Author: silver national people who are hurt $9,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999
And still not enough to raise kids |
|
Date: April 23rd, 2018 10:42 PM Author: Aqua Wagecucks Gonna bump this until I retire (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35905393) |