The most prestigious law school admissions discussion board in the world.
|
 |
 
|
Serious q: Is $10 million enough to retire?
Poast new message in this thread
Date: May 10th, 2026 5:26 PM Author: Drunken newt Low to medium-COL area. SAHM and two young kids. (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49878887) |
Date: May 10th, 2026 5:28 PM Author: Thriller honey-headed telephone My net worth is -36,000k (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49878888) |
 |
Date: May 10th, 2026 5:29 PM Author: Drunken newt Are you retired? (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49878890) |
|
Date: May 10th, 2026 9:51 PM Author: crimson narrow-minded associate (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49879313) |
|
Date: May 10th, 2026 9:55 PM Author: swollen magenta faggotry stage You’ve got my vote (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49879329) |
|
Date: May 11th, 2026 8:31 AM Author: yellow sexy resort (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49879679) |
|
Date: May 10th, 2026 5:38 PM Author: razzle light space it definitely should be, unless you have serious spending problems. you can safely withdraw 400-450k/year and your money should never run out. realistically, you should be living off like 200k and your overall balance should continue to grow. (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49878896) |
|
Date: May 10th, 2026 5:45 PM Author: fiercely-loyal irate shrine Real inflation is 15% a year, conservatively.
$10 mil @ 5% return = $500,000 / year
That’s $400,000 after 20% taxes (conservative)
$200,000 needs to be reinvested which is 2% growth per year
Leaving you $200,000 to spend
Can you survive 40 years where your $10 mil gets whittled down in purchasing power 13% a year? |
|
Date: May 10th, 2026 8:22 PM Author: razzle light space where do you get 15% a year? if that is anywhere close to accurate, then 10 million isn't enough and we are all doomed (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49879099) |
|
Date: May 10th, 2026 9:01 PM Author: fiercely-loyal irate shrine my eyes
official stats are wildly fake |
|
Date: May 10th, 2026 9:06 PM Author: razzle light space I agree the official numbers are bs, but 15% cannot be accurate. Everything would double in cost every 4 years or something (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49879238) |
|
Date: May 10th, 2026 9:36 PM Author: fiercely-loyal irate shrine the cost of housing is double what it was pre-covid. mortgage rates are double. maintenance costs are double. utilities are double. starbucks coffee is double. a mcdonalds burger is double. insurance is double. everything is double. (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49879270) |
|
Date: May 11th, 2026 8:32 AM Author: yellow sexy resort "It feels true, therefore it is true!" (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49879680) |
|
Date: May 11th, 2026 10:17 AM Author: fiercely-loyal irate shrine this isn't a "feels" point, it's an observation - 2019/2020 isn't so long ago that i can't remember what the prices were (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49879822) |
|
Date: May 11th, 2026 9:30 AM Author: razzle light space so everything is going to be double the cost again in 5 years, then double again in another 5 years? do you have any basis for this claim? if this is true, the US about to become a south american third world hellhole. (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49879743) |
|
Date: May 11th, 2026 10:19 AM Author: fiercely-loyal irate shrine yeah man. the US government runs a 2 trillion dollar a year deficit, is sitting on 40 trillion in debt, the demand weakness for U.S. treasuries is well known, the debt to GDP ratio is the highest ever at 123% (higher than it was in WW2 at 106%), and the federal reserve has to print unlimited loldollars to keep everything afloat
i don't see inflation ever coming back down, only intensifying as the money printers go brrrrrrr |
|
Date: May 10th, 2026 9:53 PM Author: crimson narrow-minded associate Are you assuming he keeps the whole thing in treasury bonds? He doesn’t need to withdraw more than he spends imho. Only realized gains are taxed. (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49879323) |
|
Date: May 10th, 2026 6:10 PM Author: Up-to-no-good rusted messiness I don’t see why not. What is there to even spend money on anyway? (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49878932) |
|
Date: May 10th, 2026 6:29 PM Author: Concupiscible Aquamarine Cuck I'm retired with more than that, but $10M should be plenty unless you are a spendthrift. (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49878960) |
|
Date: May 10th, 2026 6:39 PM Author: fiercely-loyal irate shrine You bought a house for $12 in 1965 (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49878974) |
|
Date: May 11th, 2026 8:30 AM Author: Concupiscible Aquamarine Cuck Somehow I never made a killing in housing. Lost $100K on a house in Palo Alto. Paid 7-12% for mortgages along the way. Current house has doubled in 27 years. It’s a place to live, not an investment. (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49879678) |
|
Date: May 11th, 2026 9:49 AM Author: Blathering son of senegal gay wizard 180 (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49879782) |
|
Date: May 10th, 2026 6:41 PM Author: maize native Can I have like $50k? I'll send u feet pics or customs or whatever (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49878977) |
|
Date: May 10th, 2026 7:54 PM Author: fiercely-loyal irate shrine he'll give you $20 mil if you put his stupid name on a harvard building (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49879052) |
|
Date: May 11th, 2026 8:23 AM Author: Concupiscible Aquamarine Cuck Not interested. Already have my name on two local buildings. Both are charities. (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49879665) |
|
Date: May 10th, 2026 9:51 PM Author: exhilarant avocado crackhouse mother OLDHLSDude only takes verified nude pretzel shots of poasters
Pepper thy anus |
|
Date: May 10th, 2026 9:03 PM Author: Up-to-no-good rusted messiness 180. Did you actually retire with more than $10m or did your assets just naturally grow to that number with time? I figure I don’t need anywhere near $10m to retire. We will have substantial income in retirement from my wife’s pension and social security and I don’t even like doing anything anyway. Maybe a camping trip a couple times per year. I think hotels are dumb and expensive and I don’t like crossing the pond as it’s called. Would much rather just be left alone. |
|
Date: May 11th, 2026 8:27 AM Author: Concupiscible Aquamarine Cuck I’ve been retired over 23 years from full time work. It was so long ago I don’t remember, but it was in the vicinity of $5M absolute, $10M inflation adjusted. (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49879673) |
|
Date: May 10th, 2026 9:02 PM Author: opaque nofapping library $10 million is enough assuming you have been diagnosed with a terminal illness and have two years to live. Then go ahead and give your two weeks notice. (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49879220) |
|
Date: May 10th, 2026 9:38 PM Author: hairraiser ticket booth cumskin in rural parts of Cambodia, maybe (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49879273) |
|
Date: May 11th, 2026 9:45 AM Author: Thriller honey-headed telephone (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49879764) |
|
Date: May 11th, 2026 9:49 AM Author: scarlet spectacular sanctuary (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49879784) |
|
Date: May 11th, 2026 9:50 AM Author: bat-shit-crazy hell I feel like I could make it work. Not enough to spend like vince young at cheesecake factory but still. (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49879787) |
|
Date: May 11th, 2026 10:18 AM Author: Geriatric excitant locale gaping not if Tommy T is ur investment advisor (http://www.autoadmit.com/thread.php?thread_id=5865653&forum_id=2most#49879825) |