You need $1.5 million to live a comfortably middle class lifestyle in the shittiest shitholes in muttland. This is unsustainable. No wonder socialism is winning.
A McMansion, 2 base luxury vehicles, and everything else costs less than a third of that where I live.
>>62639427The lifestyle I'm talking about is JUST what boomers enjoyed working one job in the golden era of muttmerica. The American dream is now everywhere else instead.
>>62639404socialism is the *cause* of this, numbnuts. it's having to pay for every worthless old person and government employee in the country's outrageously generous benefits that is causing this shit. that and the fake jobs economy propped up hy government spending
>>62639404>House>150k>Car>20kUh...? What? Are you retarded?Don't answer that.(you're retarded.)
>>62639438Listen, anon, please understand: the goyim had it too good. We I mean they had to trim it down. When cattle have it too good they start protesting wars and demanding rights and shit. Please understand. We HAD to inflate away their buying power and import 80 million non-natives. If the goyim aren't busy living miserable lives scraping by they won't even think about protesting our wars and social conquests.
>>626394271.5mil Liquid NW. that's going to be about 30-45k in annual living maintenance depending on location. you can easily make it on bonds or stocks with a 4% withdraw rate. keep the house under 500k, keep the cars under 80k.
>>62639449safe rate of withdrawal for 50 years of retirement is 3.5% to 4%. you likely need a minimum of $36k/yr net to cover the basics in life.>$1k/mo utilities + taxes + insurance on your house>$1k/mo for health insurance + out of pocket average (until you get medicare)>$500/mo food>$500/mo misc (car insurance, car repairs, etc.)luckily there's 0% tax on LTCG up to $48k, so you "only" need about $1M. but then you have to remember that all of these costs inflate so you're probably cutting it close with 3.5% to 4%.
>>62639446please bro just one more economic intervention bro please just one please bro just one more tax bro i swear it will fix everything bro please like just one more regulation bro
>>62639404$5 million is the comfortable retirement baseline in the Midwest.It's $10 million in California, New York and Florida.
>>62639446this
>>62639616>50 years of retirementAnon, you're morbidly obese and have gout. You're not living to 125 years old.
>>62639446theres really no reason to work a minimum wage job when the govt will pay you the same amount to not work.and since all entry level jobs are minimum wage, there is no reason to even start now.
>>62639696who is talking about retiring at 75? im talking about retiring at 25-30.
>>62639404is that per 5 years?
>>62639713Yes you are smart to be a broke and depressed incel loser
