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What net worth do you need to hit financial escape velocity
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Date: June 7th, 2024 1:51 PM Author: cordovan blathering travel guidebook locus (http://www.autoadmit.com/thread.php?thread_id=5537897&forum_id=2...id#47727128) |
Date: June 7th, 2024 1:52 PM Author: shimmering hairraiser business firm 5k (http://www.autoadmit.com/thread.php?thread_id=5537897&forum_id=2...id#47727133) |
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Date: June 7th, 2024 1:54 PM Author: pungent yarmulke Your earnings need to exceed your burn rate. Or, more simply, if you earn (through your job, inheritance, trust fund, investments, gifts, side hustles etc) more than you spend, even if just by $0.01, you have reached escape velocity. (http://www.autoadmit.com/thread.php?thread_id=5537897&forum_id=2...id#47727142) |
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Date: June 7th, 2024 1:57 PM Author: Low-t forum Not sure jobs count unless it's a sinecure with tenure. (http://www.autoadmit.com/thread.php?thread_id=5537897&forum_id=2...id#47727149) |
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Date: June 7th, 2024 2:07 PM Author: pungent yarmulke If you lose your job, just jettison some crap out of your life that you don't really need: sell your car, your house, stop eating, do whatever it takes. We're all pretty much free when you think about it. |
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Date: June 7th, 2024 2:10 PM Author: Low-t forum That is hardly 'escape velocity'. That's Roman day laborer tier precarity. (http://www.autoadmit.com/thread.php?thread_id=5537897&forum_id=2...id#47727180) |
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Date: June 7th, 2024 2:11 PM Author: pungent yarmulke There are bums who hardly do anything that never work and have plenty. My wife and I have over $1.6m. I don't know what it is all for. |
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Date: June 7th, 2024 1:57 PM Author: embarrassed to the bone reading party gas station that doesn't take into account inflation (http://www.autoadmit.com/thread.php?thread_id=5537897&forum_id=2...id#47727151) |
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Date: June 7th, 2024 1:56 PM Author: Low-t forum 5 mil imo. 1.4 million in bonds for approx 70k/yr in passive income as a safety cushion and the rest for speculation and capital purchases. (http://www.autoadmit.com/thread.php?thread_id=5537897&forum_id=2...id#47727146) |
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Date: June 7th, 2024 1:59 PM Author: cordovan blathering travel guidebook locus (http://www.autoadmit.com/thread.php?thread_id=5537897&forum_id=2...id#47727155) |
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Date: June 7th, 2024 5:32 PM Author: provocative honey-headed stage faggotry i could escape on this (http://www.autoadmit.com/thread.php?thread_id=5537897&forum_id=2...id#47727804) |
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Date: June 10th, 2024 12:36 PM Author: trip alcoholic ticket booth pocket flask so you're saying I only need 3.6 million in highly speculative assets like crypto to offset the 1.4 million in bonds. or even as low as 2.6 if I could count on a 1 million+ dollar inheritance. (http://www.autoadmit.com/thread.php?thread_id=5537897&forum_id=2...id#47734294) |
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Date: June 7th, 2024 2:02 PM Author: Scarlet angry pit stain These hypos are dumb. Net worth has little bearing on financial independence.
$2mm net worth in a dividend focused stock portfolio that kicks off $150k per year without ever touching the principal? That would be enough for me to stop working.
$5mm net worth tied up in growth stocks, a personal home, gold, a privately held business, etc., wouldn't help.
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Date: June 7th, 2024 2:07 PM Author: Low-t forum I assume he means liquid NW. (http://www.autoadmit.com/thread.php?thread_id=5537897&forum_id=2...id#47727169) |
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Date: June 10th, 2024 12:37 PM Author: trip alcoholic ticket booth pocket flask (http://www.autoadmit.com/thread.php?thread_id=5537897&forum_id=2...id#47734297) |
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Date: June 7th, 2024 2:09 PM Author: avocado masturbator not that much
most people are fuckin retards with tons of credit card debt
take your cash & move to low col bumblefraud flyover are country & wfh a few years |
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Date: June 7th, 2024 5:25 PM Author: sable menage $12 million (http://www.autoadmit.com/thread.php?thread_id=5537897&forum_id=2...id#47727788) |
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Date: June 7th, 2024 5:29 PM Author: bearded double fault dilemma At $5mln u could take vici and get $300k/yr dividend income. I wonder if u live outside usa if u could somehow get 120k of that excluded from taxes. (http://www.autoadmit.com/thread.php?thread_id=5537897&forum_id=2...id#47727798) |
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Date: June 7th, 2024 5:34 PM Author: shimmering hairraiser business firm It’s been $5 million since the 90s (http://www.autoadmit.com/thread.php?thread_id=5537897&forum_id=2...id#47727806) |
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Date: June 7th, 2024 6:59 PM Author: trip alcoholic ticket booth pocket flask relevant to my interests
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