1.5M buys you a normal house in a good neighbourhoodso it's literally nothing
>>62336597depends on wherebut if you're living in the United States or western Europe the real answer is around 3 millionin eastern europe and latin america it's 1.5 millionin SEA shitholes you can get away with 750k
>>62336608>>62336608he means 1.5mil liquidthis assumes already paid off homehttps://x.com/creativeburne/status/2063698388659388682
>>62336613Yeah in that case it's more than enough lol
>>62336613>If you're an entrepreneur get 5 million dollars in T-bills, and that protects you; it's what I like to call for lack of a better term "Fuck you" moneyLmao. O'Leary literally just watched the Gambler once and then decided that it was his idea.
>>62336597Who gives a shit what that syrupnigger thinks
>>62336597He is correct and that’s what most retirement assumptions are based on. Assuming an 8% growth rate, you can take out 4% of your total liquid assets per year and it’ll never run out. The reason he is saying the 1.5 million is that’s $60k per year. The problem is without social security to supplement it, and with inflation being the game plan to make the national debt affordable, 60k likely won’t be enough.
>>62336597I did the math and assuming you put 140 dollars per week (20 per day) into a 10% annual return account (any index fund) you'll more than double this amount.You'll make it.
>>62336640The concept and term "fuck you money" has been around since at least the 1970's though. It's cute that you don't realise the world existed before you were born.
>most people my age and the comments on twitter are saying how this is an impossible numberBut those same people keep saying how it's better to rent than to own a home and are expecting to pay rent until the day they die
>>62336612In Sea its 2 million, in western europe 5 million and in US ten million, you fool.
