my plan is to work until I have 2 million polish złoty (500 thousand usd)then I will buy polish treasury bonds and live off the interest until retirementshould take 15 more years if nothing changeswhat do you think?
Sounds good aside from the living in Poland part of the plan
Not a bad plan I guess. I hope it works out.
>>539954086how much do you earn per year?
>>539954086Good luck, but holding cash is tough. Inflation is so high you’re better off investing in the S&P 500. I know it’s a meme but it’s true. If you’re sitting in cash, you’re losing money over time.
>>539954627around 240 thousand złoty after taxes
>>539954086they can cut the rates at any moment to 0 and you're suddenly fucked, since leftist took power they already cut them from 5.75 to 4ish or so, good luck polebro
>>539954086>workNGMI
>>539954086That's what I did.. I won 700k from the lottery, and immediately started busting my ass and worked 70-90 hrs a week for the next 10 years. I ate nothing but the bare minimum and only used money to pay bills.. put 1.35 mil into bonds and I'm retired at 35. I don't live in luxury but I get enough per year to be comfortable and not work.. I am thinking about getting a part time job though to make an extra 10-15k a year so I can take up some expensive hobbies
>>539954905it's going doooown, goodluck
>>539954086Good plan. Good luck. You should set some money aside to enjoy yourself with whilst saving, as you don't want to drop dead the day before retirement having not enjoyed yourself.
>>539955093it will go up if war in iran continues THOUGH
>>539955213it could, or not, the gov will fuck you no matter see these rates in 2020 (and don't forget 20% belki tax kek)
>>539955418no one knew that covid and the war in ukraine will happen in 2020sworld is not a stable place anymoreI only hope that no one will attack poland
>>539954086Cool coolMy plan is to keep making money through business so my future kids dont have a bad lifeBest of luck op
>>539957297it was 1.5% even before covid, remove belki and you have 1.2% return, now you need to work 45 years for same return, good fucking luck
