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: aromatic bossy foreskin $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: thriller glassy office 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: aromatic bossy foreskin ? (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35899627) |
Date: April 22nd, 2018 9:25 PM Author: Startling dilemma 10 (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35896957) |
|
Date: April 22nd, 2018 9:26 PM Author: aromatic bossy foreskin 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: aromatic bossy foreskin 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: glittery set 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: aromatic bossy foreskin 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: glittery set Which part? (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35898608) |
|
Date: April 23rd, 2018 11:02 AM Author: aromatic bossy foreskin 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: glittery set Ok (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35904591) |
|
Date: April 22nd, 2018 9:26 PM Author: anal hyperventilating lay 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: Heady School Cafeteria Stock Car (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897051) |
|
Date: April 22nd, 2018 9:26 PM Author: glittery set $5MM (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35896965) |
|
Date: April 22nd, 2018 10:44 PM Author: Bateful Iridescent Laser Beams Corner (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897390) |
|
Date: April 22nd, 2018 9:27 PM Author: marvelous candlestick maker ceo 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: onyx queen of the night generalized bond $40K (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35896976) |
|
Date: April 22nd, 2018 9:32 PM Author: marvelous candlestick maker ceo 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: onyx queen of the night generalized bond 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: Grizzly wrinkle resort 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: Hyperactive Mentally Impaired Temple link? (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35898098) |
|
Date: April 23rd, 2018 2:26 PM Author: mildly autistic violent becky gaming laptop 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: Racy Pozpig $20m (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35896973) |
|
Date: April 22nd, 2018 9:32 PM Author: mint arousing masturbator clown 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: aromatic bossy foreskin 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: glittery set 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: aromatic bossy foreskin 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: provocative plaza 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: Irradiated pervert church building 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: Pea-brained Gas Station 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: aromatic bossy foreskin 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: Pea-brained Gas Station 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: lavender comical hospital $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: aromatic bossy foreskin 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: lavender comical hospital 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: aromatic bossy foreskin 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: drunken main people affirmative action 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: translucent swashbuckling sanctuary $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: histrionic well-lubricated whorehouse hominid $10B (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897698) |
|
Date: April 22nd, 2018 11:35 PM Author: Submissive cruise ship 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: mahogany crusty national security agency $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: Alcoholic Son Of Senegal 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: mildly autistic violent becky gaming laptop 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: soul-stirring site dopamine 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: Insanely creepy gaped immigrant 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: provocative plaza $1,181,250 (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35898293) |
|
Date: April 23rd, 2018 2:48 AM Author: Titillating boiling water home 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: aromatic bossy foreskin Explain (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35899619) |
|
Date: April 23rd, 2018 2:29 PM Author: mildly autistic violent becky gaming laptop 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: Titillating boiling water home 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: violent dull address sweet tailpipe 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: Titillating boiling water home 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: Pungent orchestra 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: lascivious stage 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: aromatic bossy foreskin 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: lascivious stage 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: provocative plaza $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: Vibrant useless brakes nursing home 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: aromatic bossy foreskin Explain (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901553) |
|
Date: April 23rd, 2018 2:42 PM Author: Zippy macaca deer antler 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: lascivious stage Describe your ventures. (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901819) |
|
Date: April 23rd, 2018 2:45 PM Author: Zippy macaca deer antler 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: provocative plaza 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: Zippy macaca deer antler 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: lascivious stage 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: Zippy macaca deer antler pics (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35903094) |
|
Date: April 23rd, 2018 5:11 PM Author: Sienna Locale Selfie 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: Zippy macaca deer antler (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35903146) |
|
Date: April 23rd, 2018 5:14 PM Author: disturbing bawdyhouse (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35903153) |
|
Date: April 23rd, 2018 8:43 PM Author: aromatic bossy foreskin fma (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35904505) |
|
Date: April 23rd, 2018 9:02 PM Author: Adulterous Unhinged Business Firm Messiness $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: aromatic bossy foreskin Gonna bump this until I retire (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35905393) |