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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: lilac brunch $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: Soul-stirring Friendly Grandma Stain 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: lilac brunch ? (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35899627) |
Date: April 22nd, 2018 9:25 PM Author: adulterous set 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: lilac brunch 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: lilac brunch 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: contagious library 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: lilac brunch 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: contagious library 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: lilac brunch 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: contagious library 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: scarlet weed whacker travel guidebook 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: ultramarine slap-happy reading party famous landscape painting (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: contagious library $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: Soggy chad (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: topaz stock car 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: Boyish Fat Ankles $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: topaz stock car 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: Boyish Fat Ankles 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: Mind-boggling Carmine Psychic 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: Provocative becky chapel 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: fragrant turdskin 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: Jet At-the-ready Field $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: Dark Greedy Site 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: lilac brunch 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: contagious library 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: lilac brunch 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: gold useless orchestra pit 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: Lascivious Windowlicker School Cafeteria 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: Arousing Nubile Potus 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: lilac brunch 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: Arousing Nubile Potus 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: racy death wish $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: lilac brunch 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: racy death wish 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: lilac brunch 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: milky erotic dilemma police squad 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: bull headed mediation $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: sienna messiness $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: coral university degenerate 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: appetizing locale $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: tantric shrine 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: fragrant turdskin 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: Magical Queen Of The Night 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: glittery theater stage 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: gold useless orchestra pit $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: Harsh adventurous ladyboy athletic conference 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: lilac brunch 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: fragrant turdskin 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: Harsh adventurous ladyboy athletic conference 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: Vivacious impertinent sanctuary faggot firefighter 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: Harsh adventurous ladyboy athletic conference 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: sooty stimulating principal's office 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: transparent shitlib 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: lilac brunch 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: transparent shitlib 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: gold useless orchestra pit $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: Spruce Hairless Son Of Senegal Dingle Berry 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: lilac brunch 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: Curious Pistol 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: transparent shitlib 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: Curious Pistol 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: gold useless orchestra pit 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: Curious Pistol 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: transparent shitlib 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: Curious Pistol 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: dull aphrodisiac piazza wrinkle 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: Curious Pistol (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: deranged sweet tailpipe (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: lilac brunch 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: chestnut excitant mother $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: lilac brunch Gonna bump this until I retire (http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35905393) |