is 899k enough to retire?
>>62388375There is very little runway left. Everything is irrevocably fucked. All these people in dollar denominated financial assets are going to get rugged so hard sooner or later. There is no way that I would throw that much money into an index fund in the year of our Lord 2026. Once you make it you have to protect it especially now.This is why chainlink holders who are pissed they haven’t made it yet are gonna be counting their blessings soon enough. Because if they had made it back in 2020 and cashed out to do the index fund thing… they would end up losing it all. Instead they are forced to stay in Link until the new financial system sprouts up from Link enabling them to be on the ground floor of the new economy with their staking rewards and not have to worry about what’s about to happen now on the economy for another 1,000 years since this is the dawn of the new financial paradigm.
>>62388375I some countries it probably is. Depends also on how old are you.
>>62388375It would be for me but it just depends on what kind of life you want really
>>62388375Yes. Same with $1. As long as you can make it work then it's enough.
I would have 899,000 dollars if /biz/ hadn't convinced me that AI was just a fad and not to invest all my money in it.
maybe when you're 90 and expect to not live more than 5 years. never mind 5 years of medical care at that age is multiple millions.if you're not a major owner of productive assets by now unless you're 11 you have no excuses. we're at the start of the era where you either own the winners and get a bit of profits or you deserve the permanent poors underclass you have chosen with the direction you've taken your life.if i only had 7 figures i'd be sucking dick in an alley to fix that asap. much better than doing nothing for 3 years and waking up to eating bugs in your pod (if you're lucky and master feeds you that day). start stretching your asshole, your labor is already completely worthless compared to AI. that 100k/yr salary costs 200k up front to remove and then about 50 bucks a year to replace. your body is all that you have in value, get used to it being used for the owners pleasure.
>>62388375That's good starting capital for a beginner investor
>>62388375Enough to survive but not live
>>62388375Id say you can pull it off it you have a house and you pretend you wfh and keep your partner waging.
>>62388531>5 years of medical care at that age is multiple millions.wanting to give your money to jews so you can shit your pants in a nursing home for another year.you are the ultimate cuck
>>62388375Yes, if your goal is to NEET in a LCOL area.
