/biz/ - Business & Finance

File: 61 KB, 1236x888, DuvWyWAX4AAZmL9.jpg_large.jpg [View same] [iqdb] [saucenao] [google]

How much $ is needed to retire? Anonymous Mon Feb 4 20:27:39 2019 No.12654211 [Reply] [Original]

>>	Anonymous Mon Feb 4 20:28:21 2019 No.12654215 $7.5 dollars

>>	Anonymous Mon Feb 4 20:29:47 2019 No.12654224 >>12654211 30$ worth of ripple

>>	Anonymous Mon Feb 4 20:30:01 2019 No.12654226 >>12654211 $2MM. Assuming 7%/year average returns, leaving 2% in to hedge inflation and 2% for taxes you’re left with 3%/yr ($60,000).

>>	Anonymous Mon Feb 4 20:32:35 2019 No.12654255 About tree fiddy

>>	Anonymous Mon Feb 4 20:33:52 2019 No.12654269 Depends on how you want to live Rule of thumb: 4% per year is your maximum "safe" withdrawal rate So $1m would give you $40k a year Also have to factor in SS, if you've paid off your mortgage, etc.

Anonymous Mon Feb 4 20:34:29 2019 No.12654278

>>12654211
You just need to buy 2 properties. 1 for passive income and the other for yourself. The passive income will cover expenses. That's how you retire. Have some extra money on the side in case things go sour. Hardest part is buying property. Only crypto can fix my life.

>>	Anonymous Mon Feb 4 20:36:01 2019 No.12654291 is retirement really that big of a deal? how long do you guys want to live? i feel like i'd probably just kill myself after a certain point, especially if i no longer have the means to live at a particular standard of life

>>	Anonymous Mon Feb 4 20:37:49 2019 No.12654305 As my father once told me, “let me know when you have enough.”

>>	Anonymous Mon Feb 4 20:38:02 2019 No.12654308 File: 54 KB, 587x558, 1307563663001.jpg [View same] [iqdb] [saucenao] [google] >>12654211 too much

>>	Anonymous Mon Feb 4 20:38:06 2019 No.12654310 >>12654291 I'd rather be able to retire even if I wanted to kill myself, instead of wanting to live but being unable to retire

>>	Anonymous Mon Feb 4 20:38:58 2019 No.12654320 >>12654278 Try four to six AND have the skills to do most repairs and maintenance yourself. Modern shit doesn't last and once it blows its 10Gs+ to replace

Anonymous Mon Feb 4 20:41:47 2019 No.12654351

>>12654211
To uphold current lifestyle, without working, for me and my wife, around 7.3 million USD

This will keep us going for 50 more years and then I'll be so old that I wont need anything even close to this.

Now the question becomes, how do I go from 13K to 7.3M?

>>	Anonymous Mon Feb 4 20:44:52 2019 No.12654379 File: 82 KB, 700x630, 1532302850438.jpg [View same] [iqdb] [saucenao] [google] >>12654351 By BTC and cross your fingers.

>>	Anonymous Mon Feb 4 20:45:54 2019 No.12654391 >>12654379 buy*

>>	Anonymous Mon Feb 4 20:46:07 2019 No.12654396 >>12654379 fuck you pupper

>>	Anonymous Mon Feb 4 20:49:36 2019 No.12654432 >>12654379 spend well pupper

>>	Anonymous Mon Feb 4 20:52:49 2019 No.12654456 >>12654211 about 25x your yearly salary, but since your a NEET the question's impossible to answer as 25x0=0, yet you need more than $0 to be able to retire comfortably and maintain the NEET life

Advanced search
Text to find
Subject [?]Search by post subject. Leave empty for any.
Username [?]Search for user name. Leave empty for any user name.
Tripcode [?]Search for tripcode. Leave empty for any.
Email [?]Search by email. Leave empty for any.
Filename [?]Search by image filename. Leave empty for any.
From Date [?]Enter what date to start searching from. Format is YYYY-MM-DD
To Date [?]Enter what date to start searching until. Format is YYYY-MM-DD
Image hash
Search in	All Posts OPs Only
Deleted posts	Show all posts Show only deleted posts Only show non-deleted posts
Internal posts	Show all posts Show only internal posts Show only archived posts
Order	New posts first Old posts first
Capcode	All Posts Only by Users Only by Mods Only by Admins Only by Developers
Results	Posts Threads
Action	[ Simple ]