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Net worth you'd need at 35 to feel comfortable retiring/living off investments?
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Date: April 22nd, 2018 9:24 PM Author: Wild fishy shrine $2 million? $5 million? $10 million? (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35896944) |
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Date: April 22nd, 2018 9:39 PM Author: Unholy lettuce electric furnace 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) |
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Date: April 23rd, 2018 11:03 AM Author: Wild fishy shrine ? (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35899627) |
Date: April 22nd, 2018 9:25 PM Author: impertinent claret bawdyhouse 10 (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35896957) |
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Date: April 22nd, 2018 9:26 PM Author: Wild fishy shrine 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) |
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Date: April 22nd, 2018 9:37 PM Author: Wild fishy shrine https://www.ssa.gov/retirementpolicy/research/education-earnings.html 2.7mm for men with a graduate degree, 2.2 with bachelors |
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Date: April 22nd, 2018 9:59 PM Author: learning disabled church building 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) |
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Date: April 22nd, 2018 10:37 PM Author: Wild fishy shrine That's a BOLD assumption (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897352) |
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Date: April 23rd, 2018 3:52 AM Author: learning disabled church building Which part? (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35898608) |
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Date: April 23rd, 2018 11:02 AM Author: Wild fishy shrine The part where you assume proper saving and investing (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35899622) |
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Date: April 23rd, 2018 9:00 PM Author: learning disabled church building Ok (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35904591) |
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Date: April 22nd, 2018 9:26 PM Author: fuchsia cracking deer antler when the time comes, 1 btc should do it. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35896962) |
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Date: April 22nd, 2018 9:39 PM Author: Navy heaven (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897051) |
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Date: April 22nd, 2018 9:26 PM Author: learning disabled church building $5MM (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35896965) |
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Date: April 22nd, 2018 10:44 PM Author: big forum (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897390) |
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Date: April 22nd, 2018 9:27 PM Author: aggressive hyperactive striped hyena 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) |
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Date: April 22nd, 2018 9:28 PM Author: floppy stage mediation $40K (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35896976) |
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Date: April 22nd, 2018 9:32 PM Author: aggressive hyperactive striped hyena no way. that's avg salary (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897011) |
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Date: April 22nd, 2018 9:33 PM Author: floppy stage mediation Americans are not financially educated (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897015) |
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Date: April 22nd, 2018 11:34 PM Author: Khaki selfie 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) |
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Date: April 23rd, 2018 12:27 AM Author: Aquamarine maniacal hospital link? (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35898098) |
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Date: April 23rd, 2018 2:26 PM Author: arousing menage 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) |
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Date: April 22nd, 2018 9:28 PM Author: Frum Dingle Berry Factory Reset Button $20m (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35896973) |
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Date: April 22nd, 2018 9:32 PM Author: Flesh thirsty casino gunner 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) |
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Date: April 22nd, 2018 9:35 PM Author: Wild fishy shrine 100k a year via what investment? (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897025) |
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Date: April 22nd, 2018 9:39 PM Author: learning disabled church building 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) |
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Date: April 22nd, 2018 9:40 PM Author: Wild fishy shrine Yeah didn't think it was hard but wanted to ask regardless put it all in bitcoin and vanguard etf cr? |
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Date: April 23rd, 2018 1:24 AM Author: twinkling stain The broad equities market has about a 2% weighted average dividend. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35898297) |
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Date: April 24th, 2018 12:05 AM Author: Demanding embarrassed to the bone address travel guidebook T has a 5.5 dividend (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35906026) |
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Date: April 22nd, 2018 9:33 PM Author: magenta jap brunch Whatever 1 spouse that makes 200k/yr in flyover is worth (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897014) |
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Date: April 22nd, 2018 9:37 PM Author: Wild fishy shrine That's not retirement (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897040) |
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Date: April 22nd, 2018 9:48 PM Author: magenta jap brunch it's retirement for me (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897096) |
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Date: April 22nd, 2018 9:46 PM Author: Vengeful histrionic principal's office $6-7M to just stop and never go into work again. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897085) |
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Date: April 22nd, 2018 10:37 PM Author: Wild fishy shrine At 35?? Seems high (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897354) |
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Date: April 23rd, 2018 2:47 PM Author: Vengeful histrionic principal's office 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) |
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Date: April 23rd, 2018 9:03 PM Author: Wild fishy shrine Lol what are you wasting money on (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35904616) |
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Date: April 22nd, 2018 10:42 PM Author: rough-skinned roast beef 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. |
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Date: April 22nd, 2018 11:32 PM Author: Hairraiser philosopher-king $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) |
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Date: April 22nd, 2018 11:33 PM Author: Coral chest-beating macaca orchestra pit $10B (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897698) |
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Date: April 22nd, 2018 11:35 PM Author: Kink-friendly depressive 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) |
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Date: April 22nd, 2018 11:35 PM Author: orchid windowlicker new version $2-3M in SE Asia or E Europe is kingly (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897726) |
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Date: April 23rd, 2018 12:06 AM Author: Filthy theater stage immigrant That's relatively poor for singapore (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897974) |
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Date: April 23rd, 2018 2:28 PM Author: arousing menage 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) |
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Date: April 23rd, 2018 12:24 AM Author: pearly sadistic whorehouse 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) |
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Date: April 23rd, 2018 12:24 AM Author: Ocher vivacious wrinkle I'm retiring at 27 with 100k (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35898082) |
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Date: April 23rd, 2018 1:22 AM Author: twinkling stain $1,181,250 (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35898293) |
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Date: April 23rd, 2018 2:48 AM Author: Well-lubricated aromatic gaming laptop This thread is profoundly mentally ill. 1m is more than enough. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35898524) |
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Date: April 23rd, 2018 11:02 AM Author: Wild fishy shrine Explain (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35899619) |
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Date: April 23rd, 2018 2:29 PM Author: arousing menage 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) |
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Date: April 23rd, 2018 5:26 PM Author: Well-lubricated aromatic gaming laptop You can't retire in fucking Hoboken on that no (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35903225) |
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Date: April 23rd, 2018 2:48 PM Author: nighttime laughsome prole That’s literally nothing (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901889) |
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Date: April 23rd, 2018 5:26 PM Author: Well-lubricated aromatic gaming laptop Leave USA you retarded black nigger (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35903229) |
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Date: April 23rd, 2018 11:03 AM Author: clear space 5 million is tcr (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35899623) |
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Date: April 23rd, 2018 11:11 AM Author: overrated pervert 3 million. Maybe less. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35899667) |
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Date: April 23rd, 2018 2:11 PM Author: Wild fishy shrine How would you make it work to age 80+ (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901507) |
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Date: April 23rd, 2018 2:41 PM Author: overrated pervert 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) |
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Date: April 23rd, 2018 2:46 PM Author: twinkling stain $3 million x 0.04 = $120,000 (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901860) |
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Date: April 23rd, 2018 2:13 PM Author: Mauve Startling Locus Im planning to retire at 500k (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901534) |
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Date: April 23rd, 2018 2:15 PM Author: Wild fishy shrine Explain (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901553) |
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Date: April 23rd, 2018 2:42 PM Author: aphrodisiac stead elastic band 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 |
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Date: April 23rd, 2018 2:43 PM Author: overrated pervert Describe your ventures. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901819) |
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Date: April 23rd, 2018 2:45 PM Author: aphrodisiac stead elastic band 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 |
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Date: April 23rd, 2018 2:47 PM Author: twinkling stain DESCRIBE your next Airbnb scam. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901871) |
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Date: April 23rd, 2018 2:50 PM Author: aphrodisiac stead elastic band 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. |
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Date: April 23rd, 2018 2:48 PM Author: overrated pervert 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) |
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Date: April 23rd, 2018 5:04 PM Author: aphrodisiac stead elastic band pics (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35903094) |
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Date: April 23rd, 2018 5:11 PM Author: buck-toothed elite lay hissy fit 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) |
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Date: April 23rd, 2018 5:13 PM Author: aphrodisiac stead elastic band (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35903146) |
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Date: April 23rd, 2018 5:14 PM Author: Odious opaque really tough guy (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35903153) |
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Date: April 23rd, 2018 8:43 PM Author: Wild fishy shrine fma (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35904505) |
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Date: April 23rd, 2018 9:02 PM Author: Alcoholic affirmative action $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 |
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Date: April 23rd, 2018 10:42 PM Author: Wild fishy shrine Gonna bump this until I retire (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35905393) |