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"You can't relax at $1.5 mil" seems like flame

Risk-free on 1.5 mil is like 75k a year. With a chill WFH si...
stirring fighting electric furnace trump supporter
  09/09/24
what does risk free mean here
fishy deranged cruise ship private investor
  09/09/24
like sticking another mans cock bareback into ur ass. its ri...
Violent Scarlet Pervert Sandwich
  09/09/24
...
Bearded box office
  09/09/24
...
charismatic magenta crotch azn
  09/09/24
Treasury bonds.
stirring fighting electric furnace trump supporter
  09/09/24
30 yr bonds are back down to 4%, and T-bills will be under 5...
Massive Circlehead
  09/09/24
no shit even if u take this shit abt 1m being $5 back in 199...
Violent Scarlet Pervert Sandwich
  09/09/24
Why hope not to get murdered? Who gives a fuck anyway...we'r...
Racy Pit Mood
  09/09/24
in the eighties a six fig income made you a big shot. if you...
vibrant church
  09/09/24
That's what the chill WFH Sinecure is for.
stirring fighting electric furnace trump supporter
  09/09/24
so you can chill on $1.5m if you plan to work til you're dea...
vibrant church
  09/09/24
It's more like roleplay.
stirring fighting electric furnace trump supporter
  09/09/24
if fake work 75k sinecures were given out like candy there w...
vibrant church
  09/09/24
In the words of a gorgeous mutual friend of ours, they just ...
stirring fighting electric furnace trump supporter
  09/09/24
my wife (not a lawyer) has one of these and makes $105k. onl...
azure talented clown piazza
  09/09/24
180^180
stirring fighting electric furnace trump supporter
  09/09/24
reported to the rbi
Laughsome place of business quadroon
  09/09/24
Really depends, if you want to retire to like SE Asia, S.Ame...
startled trailer park
  09/09/24
Depends on what kind of standard of living you want in W. Eu...
fishy deranged cruise ship private investor
  09/09/24
True but I assume OP doesn't want to be a europoor
startled trailer park
  09/09/24
europoor is still better than being a wageslave for kikes in...
fishy deranged cruise ship private investor
  09/09/24
CONCUR
startled trailer park
  09/09/24
(Literal kike in the USA)
Comical Mischievous Corn Cake Indirect Expression
  09/09/24
Aren't you a (((dual citizen))) my man
Comical Mischievous Corn Cake Indirect Expression
  09/09/24
Also Southern Italy, Greece, and Croatia. You can live very ...
Racy Pit Mood
  09/09/24
That's what the chill WFH sinecure is for.
stirring fighting electric furnace trump supporter
  09/09/24
Escape the shackles of GC friend, GO FOR IT.
startled trailer park
  09/09/24
We all can't live off of daddy like you. Not everyone's dadd...
Comical Mischievous Corn Cake Indirect Expression
  09/09/24
Lol at anyone taking financial advice from 9/11 boy.
Comical Mischievous Corn Cake Indirect Expression
  09/09/24
wife and i have a bit more than 2 mil invested. i wouldn't r...
azure talented clown piazza
  09/09/24
With a wife and two kids, probably bump that number up to 5 ...
stirring fighting electric furnace trump supporter
  09/09/24
we hit $1 million in early 2020 IIRC, then 2 mil just 4 year...
azure talented clown piazza
  09/09/24
180
stirring fighting electric furnace trump supporter
  09/09/24
spaceporn SEETHING at this poast
azure talented clown piazza
  09/09/24
I wouldn't worry yourself with so very many thoughts of him.
stirring fighting electric furnace trump supporter
  09/09/24
i like harassing and defaming him because he outed me. not w...
azure talented clown piazza
  09/09/24
You’re outed? Post your phenotype
Buck-toothed free-loading athletic conference chapel
  09/09/24
this is zurich. you and everyone else here has seen me and k...
azure talented clown piazza
  09/09/24
I reached 1.5mil a few years ago and thought about doing not...
Flickering Sweet Tailpipe Native
  09/09/24
$1.5m is better than nothing, but $1.5m is not a fortune by ...
Tantric bipolar volcanic crater
  09/09/24
You can relax at any net worth friend$
Godawful Dashing Den
  09/09/24
In 5 years, mid 40s, we'll have ~$2.0 invested and ~$1.5 in ...
black multi-billionaire public bath
  09/09/24
what do your living expenses look like? the 1.5m growing fo...
azure talented clown piazza
  09/09/24
Assuming 10% seems kind of generous.
stirring fighting electric furnace trump supporter
  09/09/24
it is, and i tend to be overly cautious so i get i shouldn't...
azure talented clown piazza
  09/09/24
Those are nominal returns. Subtract 3% inflation for real re...
titillating karate
  09/09/24
what is the point of adjusting returns for inflation? the a...
azure talented clown piazza
  09/09/24
Because everyone is listing their expenses in today's dollar...
titillating karate
  09/09/24
thought you meant 1.5MM yearly and was back and forth on it ...
Hairraiser narrow-minded sanctuary
  09/09/24
...
hilarious frum messiness
  09/09/24
If you have kids and they go to private schools then you nee...
canary office legend
  09/09/24
"If you have kids" I think I spotted your probl...
adventurous kitty parlor
  09/09/24
why would you spend all that money on schools instead of jus...
Laughsome place of business quadroon
  09/09/24
...
stirring fighting electric furnace trump supporter
  09/09/24
I'm approaching $2M net worth and looking into other non-law...
slap-happy university
  09/09/24
Option 1: move almost anywhere else in the world and get hea...
Racy Pit Mood
  09/09/24
gotta love option 1. USA is great, but u are not willing ...
Indecent Giraffe Brunch
  09/10/24
I buy my own health insurance and its like 650 a month high ...
Flickering Sweet Tailpipe Native
  09/09/24
Those are the current premiums I pay. Job has dogshit insura...
slap-happy university
  09/09/24
i pay 1400/month for a shit policy ($10k deductable!) that d...
Indecent Giraffe Brunch
  09/10/24
You live off investment income that doesn't count for Obamac...
titillating karate
  09/09/24
ive made this point many times and been called a communist ...
Indecent Giraffe Brunch
  09/10/24
For a single guy who has already maxed out social security 2...
Galvanic Metal Casino Son Of Senegal
  09/09/24
...
Geriatric Hospital
  09/09/24
wtf wld a single guy do this? move to some redneck shithole ...
Violent Scarlet Pervert Sandwich
  09/09/24
Until the roving liberal death mobs begin, it's CR to inocul...
Racy Pit Mood
  09/09/24
You should take advice from Tommy T, he seems very happy wit...
adventurous kitty parlor
  09/09/24
thank friend, everyday im like "wow, life is unreal&quo...
Violent Scarlet Pervert Sandwich
  09/09/24
There is no point in relaxing because “chill” lo...
Buck-toothed free-loading athletic conference chapel
  09/09/24
You must have had limited exposure to HR. I could be a dire...
Racy Pit Mood
  09/09/24
During ITE, my wife an I had a negative six-figure net worth...
Navy Fat Ankles Lay
  09/09/24
180, how much do you typically put away per year?
azure talented clown piazza
  09/09/24
We are typically saving 200-300K per year, although last yea...
Navy Fat Ankles Lay
  09/09/24
that's v good. HHI? we make ~500k, and we save like $150...
azure talented clown piazza
  09/09/24
We make 600-700K depending how my wife's firm is doing. We ...
Navy Fat Ankles Lay
  09/09/24
180, is she in midlaw? i'm at a regional midlaw firm with...
azure talented clown piazza
  09/09/24
I make 40000k
Laughsome place of business quadroon
  09/09/24
Yeah, she is in midlaw. She actually made more than that du...
Navy Fat Ankles Lay
  09/09/24
Oh wow, that's crazy. Did the father of your wife's child c...
adventurous kitty parlor
  09/09/24
Let's just say Darnell has contributed in other ways
Navy Fat Ankles Lay
  09/09/24
lol 180, glad things have improved
turquoise frisky indian lodge psychic
  09/09/24
If you have young kids, that $1.5M will cover college for 1 ...
Aggressive abode
  09/09/24
cr with a family you need at least $10 million
Swashbuckling shitlib
  09/09/24
i can't tell when people are flaming. $10M is much higher th...
Aggressive abode
  09/09/24
Cr. If I got just $1m more net after any tax, I could pay of...
Tantric bipolar volcanic crater
  09/09/24
We are beasts of burden meant to die the moment our useful l...
Aggressive abode
  09/09/24
cr get back in there
Swashbuckling shitlib
  09/10/24
yeah move to Thailand and slash Thai cunnis and live well ti...
appetizing address
  09/09/24
hey dont tell him my plans
Indecent Giraffe Brunch
  09/10/24
I will prob have less than that when I punch and am not worr...
Unhinged sienna gaming laptop
  09/09/24
Brother. How have you been?
azure talented clown piazza
  09/09/24
Been good man just busy. Trying to live life IRL a lot more ...
Unhinged sienna gaming laptop
  09/09/24
Good to hear. Glad ur well. Yours has always been one of my ...
azure talented clown piazza
  09/10/24


Poast new message in this thread



Reply Favorite

Date: September 9th, 2024 7:19 AM
Author: stirring fighting electric furnace trump supporter

Risk-free on 1.5 mil is like 75k a year. With a chill WFH sinecure bumping that up to 150-225k, seems like a CR number to just chill out, go travelling, etc.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065303)



Reply Favorite

Date: September 9th, 2024 7:22 AM
Author: fishy deranged cruise ship private investor

what does risk free mean here

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065304)



Reply Favorite

Date: September 9th, 2024 7:23 AM
Author: Violent Scarlet Pervert Sandwich

like sticking another mans cock bareback into ur ass. its risk free

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065308)



Reply Favorite

Date: September 9th, 2024 9:44 AM
Author: Bearded box office



(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065600)



Reply Favorite

Date: September 9th, 2024 1:25 PM
Author: charismatic magenta crotch azn



(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48066535)



Reply Favorite

Date: September 9th, 2024 7:24 AM
Author: stirring fighting electric furnace trump supporter

Treasury bonds.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065316)



Reply Favorite

Date: September 9th, 2024 7:56 AM
Author: Massive Circlehead

30 yr bonds are back down to 4%, and T-bills will be under 5% soon.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065385)



Reply Favorite

Date: September 9th, 2024 7:22 AM
Author: Violent Scarlet Pervert Sandwich

no shit even if u take this shit abt 1m being $5 back in 1991 it seems u just bump it up to $1.5m instead, not even 2m

1.5m seems like good number, thats my goal now im so retarded though

XO is dumb, just following their jew overlords who have brainwashed them to work for life, its so dumb. the US isnt even a good place to live anymore, so wtf is the issue moving somewhere else to just do whatever u want instad of living arnd niggas hoaping not to get murdered

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065306)



Reply Favorite

Date: September 9th, 2024 1:14 PM
Author: Racy Pit Mood

Why hope not to get murdered? Who gives a fuck anyway...we're all checking out.

You get fixated on thinking your number is right for everyone, but you're admittedly retarded and unable to settle anywhere in particular.

My number is a little over $2 million not including 401k. I should hit that in about 3 years. I'll be ready then and will just have to hope my genetics and diet conspire to keep me from ever hitting my 70s.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48066494)



Reply Favorite

Date: September 9th, 2024 7:23 AM
Author: vibrant church

in the eighties a six fig income made you a big shot. if you're 30 what is 75k going to look like in 2064

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065309)



Reply Favorite

Date: September 9th, 2024 7:25 AM
Author: stirring fighting electric furnace trump supporter

That's what the chill WFH Sinecure is for.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065318)



Reply Favorite

Date: September 9th, 2024 7:26 AM
Author: vibrant church

so you can chill on $1.5m if you plan to work til you're dead?

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065320)



Reply Favorite

Date: September 9th, 2024 7:27 AM
Author: stirring fighting electric furnace trump supporter

It's more like roleplay.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065321)



Reply Favorite

Date: September 9th, 2024 7:28 AM
Author: vibrant church

if fake work 75k sinecures were given out like candy there would be no janitors, waste disposal, etc.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065325)



Reply Favorite

Date: September 9th, 2024 7:29 AM
Author: stirring fighting electric furnace trump supporter

In the words of a gorgeous mutual friend of ours, they just didn't want to be tied down by the golden handcuffs of a chill WFH sinecure.

Also, a law degree probably opens more doors to this.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065335)



Reply Favorite

Date: September 9th, 2024 7:34 AM
Author: azure talented clown piazza

my wife (not a lawyer) has one of these and makes $105k. only became WFH in 2021 (company tried return to work after lockdown and realized everyone was miserable so quickly got rid of its expensive lease in ArlingTTTon, va and went permanent WFH). i asked her recently if she wanted to stop working and she said why bother. she basically sends some emails and gets on a couple calls every day and that's it. she has almost $900k in her 401(k).

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065344)



Reply Favorite

Date: September 9th, 2024 7:35 AM
Author: stirring fighting electric furnace trump supporter

180^180

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065349)



Reply Favorite

Date: September 9th, 2024 7:45 AM
Author: Laughsome place of business quadroon

reported to the rbi

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065371)



Reply Favorite

Date: September 9th, 2024 7:28 AM
Author: startled trailer park

Really depends, if you want to retire to like SE Asia, S.America or smalltown USA you'll be fine. If you want to live in a major, secondary or even tertiary city in the US or W.Europe probably not, especially if you want to travel like you said. Totally FUAAAARKED if you want to have a family in one of those places also. Do you really want to be like 65 and worried about having to slum it because you need to conserve paper?

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065324)



Reply Favorite

Date: September 9th, 2024 7:29 AM
Author: fishy deranged cruise ship private investor

Depends on what kind of standard of living you want in W. Europe. Can be pulled off in Spain or Portugal, if u live like the locals instead of as an expat

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065329)



Reply Favorite

Date: September 9th, 2024 7:29 AM
Author: startled trailer park

True but I assume OP doesn't want to be a europoor

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065332)



Reply Favorite

Date: September 9th, 2024 7:31 AM
Author: fishy deranged cruise ship private investor

europoor is still better than being a wageslave for kikes in the US

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065337)



Reply Favorite

Date: September 9th, 2024 7:31 AM
Author: startled trailer park

CONCUR

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065339)



Reply Favorite

Date: September 9th, 2024 8:43 AM
Author: Comical Mischievous Corn Cake Indirect Expression

(Literal kike in the USA)

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065450)



Reply Favorite

Date: September 9th, 2024 8:23 AM
Author: Comical Mischievous Corn Cake Indirect Expression

Aren't you a (((dual citizen))) my man

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065431)



Reply Favorite

Date: September 9th, 2024 1:17 PM
Author: Racy Pit Mood

Also Southern Italy, Greece, and Croatia. You can live very comfortably in many places, actually, on 7k euro or less per month.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48066513)



Reply Favorite

Date: September 9th, 2024 7:31 AM
Author: stirring fighting electric furnace trump supporter

That's what the chill WFH sinecure is for.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065336)



Reply Favorite

Date: September 9th, 2024 7:31 AM
Author: startled trailer park

Escape the shackles of GC friend, GO FOR IT.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065340)



Reply Favorite

Date: September 9th, 2024 8:18 AM
Author: Comical Mischievous Corn Cake Indirect Expression

We all can't live off of daddy like you. Not everyone's daddy sued Americans for 9/11 my man

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065424)



Reply Favorite

Date: September 9th, 2024 8:17 AM
Author: Comical Mischievous Corn Cake Indirect Expression

Lol at anyone taking financial advice from 9/11 boy.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065423)



Reply Favorite

Date: September 9th, 2024 7:29 AM
Author: azure talented clown piazza

wife and i have a bit more than 2 mil invested. i wouldn't retire off that, but it has taken the stress off me in a way that is 180. i was in midlaw when we had our first kid back in 2015 and our nw was around $400k. i was making $180k and was constantly nervous about where my career was headed, what my income trajectory would be, how i'd pay for college, etc.

now, i could give a fuck. i could afford to drive uber or some other bullshit job and still retire pretty wealthy, as long as i let the money grow for the next 15-20 years. as a result i taunt spaceporn here while he threatens me with "bar inquiries" and i lol heartily at him.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065334)



Reply Favorite

Date: September 9th, 2024 7:34 AM
Author: stirring fighting electric furnace trump supporter

With a wife and two kids, probably bump that number up to 5 mil. Still 180. At your current income you should be reaching that in less than 10 years, no?

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065347)



Reply Favorite

Date: September 9th, 2024 7:40 AM
Author: azure talented clown piazza

we hit $1 million in early 2020 IIRC, then 2 mil just 4 years later. i also - for now, anyway - am equity and in addition to getting a $350k (roughly) draw, i'll be getting a payout each Feb of around 100k after taxes and deductions. as it is, based on the draw i am maxing out 401k and saving another 3-4k/mo. i plan to plow all or most of that payout into my ETF portfolio. wife also maxes out 401k and has a 9% match, so that's another ~32k/year in investments.

unless we go into a prolonged bear market, i think we can be at or above 5 million within 10 years. i'd like to fully retire with 15 mil, which i think is possible, since i'm 46.

also, college is more or less fully funded - i have about $250k in 529s that i don't count toward net worth (continuing to put in $500/mo for now, but it's probably overkill).

even if i got SPACEPORNPWNED and had to get a job that just covers expenses (not hard, bc our mortgage is only like $2800/mo and we don't have any crazy expenses), our 2 mil would be nearly 10 after 15 years assuming a 10% rate of return (i know they say to figure 7% or whatever, but that seems overly conservative. that said, if you assume 7%, then it'll be about $5.5 mil after 15 years)



(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065362)



Reply Favorite

Date: September 9th, 2024 7:44 AM
Author: stirring fighting electric furnace trump supporter

180

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065370)



Reply Favorite

Date: September 9th, 2024 7:47 AM
Author: azure talented clown piazza

spaceporn SEETHING at this poast

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065375)



Reply Favorite

Date: September 9th, 2024 7:47 AM
Author: stirring fighting electric furnace trump supporter

I wouldn't worry yourself with so very many thoughts of him.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065376)



Reply Favorite

Date: September 9th, 2024 7:49 AM
Author: azure talented clown piazza

i like harassing and defaming him because he outed me. not worried even a little bit.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065379)



Reply Favorite

Date: September 9th, 2024 9:03 AM
Author: Buck-toothed free-loading athletic conference chapel

You’re outed? Post your phenotype

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065469)



Reply Favorite

Date: September 9th, 2024 9:04 AM
Author: azure talented clown piazza

this is zurich. you and everyone else here has seen me and know who i am.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065472)



Reply Favorite

Date: September 9th, 2024 7:50 AM
Author: Flickering Sweet Tailpipe Native

I reached 1.5mil a few years ago and thought about doing nothing and traveling. Spending a few months in Portugal and got bored, so I started my own small biz. Now i'm at 5 mil (mostly from the market - biz brings in 250k). I mostly think about getting to 10mil, even though I have no need of it. No stress though.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065380)



Reply Favorite

Date: September 9th, 2024 8:22 AM
Author: Tantric bipolar volcanic crater

$1.5m is better than nothing, but $1.5m is not a fortune by any means and will not support modest spending for my family for any meaningful amount of money. The equation would start to change and tilt toward lack of stress at about $6m. So 2 more doubles. Just let my money double two more times and then I might have maed it.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065428)



Reply Favorite

Date: September 9th, 2024 8:28 AM
Author: Godawful Dashing Den

You can relax at any net worth friend$

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065436)



Reply Favorite

Date: September 9th, 2024 8:42 AM
Author: black multi-billionaire public bath

In 5 years, mid 40s, we'll have ~$2.0 invested and ~$1.5 in retirement accounts. No mortgage or kids. Need to figure out what we'd do for health insurance if we fully retired then, but seems pretty cr to let that $1.5 grow for 20 years while living off $2 ... which we could spend faster than normal because retirement accounts would be waiting for us.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065448)



Reply Favorite

Date: September 9th, 2024 9:04 AM
Author: azure talented clown piazza

what do your living expenses look like? the 1.5m growing for 20 years will set you up nicely (assuming 10%/year, $10 mil, assuming 7%, $5.8 mil). if i were you, i'd cut back to cushy part time jobs that provide insurance, if possible. barring that, you should be able to live off the $2 mil for 20 years. i'd either leave it in an S&P fund, or put 50% of it into that and 50% into lower risk bullshit (treasuries, bonds? idk, i don't invest in any of that bs).

you and your lover are right about where i think my wife and i would be at this age if we hadn't had kids. they are fucking expensive man. at one point, i was paying like $4k a month in preschool for both (not each) of them.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065471)



Reply Favorite

Date: September 9th, 2024 9:13 AM
Author: stirring fighting electric furnace trump supporter

Assuming 10% seems kind of generous.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065492)



Reply Favorite

Date: September 9th, 2024 9:19 AM
Author: azure talented clown piazza

it is, and i tend to be overly cautious so i get i shouldn't be assuming 10%, but if you go here https://ofdollarsanddata.com/sp500-calculator/ you learn that the annualized return of the s&p (dividends reinvested) since 1930 is like 10.2%, and since 1940, it's a bit over 11%. should you count on that return? no. will you get that return? most likely.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065508)



Reply Favorite

Date: September 9th, 2024 1:32 PM
Author: titillating karate

Those are nominal returns. Subtract 3% inflation for real returns. And those returns typically did not follow record high CAPE ratios like we have right now. Use 5 to 7% real depending on risk tolerance.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48066571)



Reply Favorite

Date: September 9th, 2024 2:21 PM
Author: azure talented clown piazza

what is the point of adjusting returns for inflation? the actual returns have been an average of 10%, so you can calculate what your money likely will be in 15-20 whatever years. and yes you then have to factor in inflation.

if the s&p gets to a point where it's returning an average of 5%, then stocks might not be a great investment anymore (at least US stocks).

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48066718)



Reply Favorite

Date: September 9th, 2024 6:22 PM
Author: titillating karate

Because everyone is listing their expenses in today's dollars.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48067534)



Reply Favorite

Date: September 9th, 2024 9:30 AM
Author: Hairraiser narrow-minded sanctuary

thought you meant 1.5MM yearly and was back and forth on it in my brain

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065554)



Reply Favorite

Date: September 9th, 2024 3:44 PM
Author: hilarious frum messiness



(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48066974)



Reply Favorite

Date: September 9th, 2024 9:37 AM
Author: canary office legend

If you have kids and they go to private schools then you need about $10M. Education costs and decent housing are the big drains.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065580)



Reply Favorite

Date: September 9th, 2024 9:39 AM
Author: adventurous kitty parlor

"If you have kids"

I think I spotted your problem

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48065587)



Reply Favorite

Date: September 9th, 2024 1:06 PM
Author: Laughsome place of business quadroon

why would you spend all that money on schools instead of just shoving a big pile of $tock$ in a trust

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48066453)



Reply Favorite

Date: September 9th, 2024 4:51 PM
Author: stirring fighting electric furnace trump supporter



(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48067209)



Reply Favorite

Date: September 9th, 2024 1:03 PM
Author: slap-happy university

I'm approaching $2M net worth and looking into other non-law options. How do people deal with health insurance for their families in this situation? COBRA or buying on my own would be like $50k/yr and we'd still have to come out of pocket for shit.

Health insurance is the one thing holding me back. What a country.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48066432)



Reply Favorite

Date: September 9th, 2024 1:20 PM
Author: Racy Pit Mood

Option 1: move almost anywhere else in the world and get healthcare for almost nothing.

Option 2: get a remote HR job and use it for healthcare and cost of living. Shouldn't be hard if you've been in house at all.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48066521)



Reply Favorite

Date: September 10th, 2024 11:02 AM
Author: Indecent Giraffe Brunch

gotta love option 1.

USA is great, but u are not willing to slavecuck, then pls leave

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48069718)



Reply Favorite

Date: September 9th, 2024 1:29 PM
Author: Flickering Sweet Tailpipe Native

I buy my own health insurance and its like 650 a month high deductible plan, and of course its tax deductible off your gig income. How do you get 50k?



(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48066559)



Reply Favorite

Date: September 9th, 2024 2:30 PM
Author: slap-happy university

Those are the current premiums I pay. Job has dogshit insurance plans (or at least they don't subsidize at all).

Is the $650 for a family?

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48066747)



Reply Favorite

Date: September 10th, 2024 11:03 AM
Author: Indecent Giraffe Brunch

i pay 1400/month for a shit policy ($10k deductable!) that does't even include all my family.

ljl

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48069723)



Reply Favorite

Date: September 9th, 2024 1:33 PM
Author: titillating karate

You live off investment income that doesn't count for Obamacare subsidies. Create just enough taxable income to avoid Medicaid. Move to an expansion state if needed.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48066579)



Reply Favorite

Date: September 10th, 2024 11:01 AM
Author: Indecent Giraffe Brunch

ive made this point many times and been called a communist

its retarded as fuck that USA is the only developed country where you need to have a full time job in order to provide healthcare or else u and ur family are fucked.

and if u dont have insurance, ur medical bill might be 10x higher cuz u didnt negotiate with them in advance of your emergency treatment.

what a shithole. its designed to make you a slave to ((them))

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48069712)



Reply Favorite

Date: September 9th, 2024 1:12 PM
Author: Galvanic Metal Casino Son Of Senegal

For a single guy who has already maxed out social security 20 times and is in his mid-late 40s with no prospect of or interest in marriage or kids, then it’s a no brainer to nope out of coastal metropoli and hie to are country, buy a nice house outright for cheap like a 3/2 1800 sqft 300k place, and live off the 50k per year after taxes that 2M generates with a 3% return. Probably smart to get an easy job with insurance like work for school teaching US history and stare at are country teens all day while indoctrinating the next generation against shitlibbery.



(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48066487)



Reply Favorite

Date: September 9th, 2024 1:15 PM
Author: Geriatric Hospital



(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48066502)



Reply Favorite

Date: September 9th, 2024 1:21 PM
Author: Violent Scarlet Pervert Sandwich

wtf wld a single guy do this? move to some redneck shithole where there's zero social possibilities just to pedo some obese retarded amerikkka sluts?

jfc, just move abroad, its retarded

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48066524)



Reply Favorite

Date: September 9th, 2024 1:51 PM
Author: Racy Pit Mood

Until the roving liberal death mobs begin, it's CR to inoculate the youth to whatever extent possible.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48066632)



Reply Favorite

Date: September 9th, 2024 2:28 PM
Author: adventurous kitty parlor

You should take advice from Tommy T, he seems very happy with his life choices

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48066741)



Reply Favorite

Date: September 9th, 2024 2:34 PM
Author: Violent Scarlet Pervert Sandwich

thank friend, everyday im like "wow, life is unreal"

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48066759)



Reply Favorite

Date: September 9th, 2024 1:27 PM
Author: Buck-toothed free-loading athletic conference chapel

There is no point in relaxing because “chill” low-paying jobs don’t exist irl and you’d just get called champ for taking one

The point of FIRE or just building a nest egg is if you get fucked by GC like a Gen Xer and literally can’t find any job anywhere at all, then you can chill and not be homeless.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48066547)



Reply Favorite

Date: September 9th, 2024 2:03 PM
Author: Racy Pit Mood

You must have had limited exposure to HR. I could be a director-level business partner in my fucking sleep.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48066670)



Reply Favorite

Date: September 9th, 2024 5:05 PM
Author: Navy Fat Ankles Lay

During ITE, my wife an I had a negative six-figure net worth, we were both unemployed and she was pregnant. Now we have a net worth over $3 million and relatively speaking we are pretty goddamn relaxed

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48067270)



Reply Favorite

Date: September 9th, 2024 5:07 PM
Author: azure talented clown piazza

180, how much do you typically put away per year?

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48067272)



Reply Favorite

Date: September 9th, 2024 5:14 PM
Author: Navy Fat Ankles Lay

We are typically saving 200-300K per year, although last year we bought a condo for my mom so she could live closer

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48067289)



Reply Favorite

Date: September 9th, 2024 5:39 PM
Author: azure talented clown piazza

that's v good. HHI?

we make ~500k, and we save like $150k. i feel like we aren't saving enough. two kids, though.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48067366)



Reply Favorite

Date: September 9th, 2024 5:57 PM
Author: Navy Fat Ankles Lay

We make 600-700K depending how my wife's firm is doing. We also have two kids. After she made partner she decided cooking and housework were beneath her so that's also costing us

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48067437)



Reply Favorite

Date: September 9th, 2024 6:03 PM
Author: azure talented clown piazza

180, is she in midlaw?

i'm at a regional midlaw firm with like 700 attys and make just under $500k as an equity partner. is this a TTT embarrassment? maybe so but i'm more preftigious than spacecorn.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48067459)



Reply Favorite

Date: September 9th, 2024 6:08 PM
Author: Laughsome place of business quadroon

I make 40000k

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48067482)



Reply Favorite

Date: September 9th, 2024 7:24 PM
Author: Navy Fat Ankles Lay

Yeah, she is in midlaw. She actually made more than that during the SPAC boom but probably won't reach that again

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48067725)



Reply Favorite

Date: September 9th, 2024 5:43 PM
Author: adventurous kitty parlor

Oh wow, that's crazy. Did the father of your wife's child contribute child support at all?

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48067382)



Reply Favorite

Date: September 9th, 2024 5:49 PM
Author: Navy Fat Ankles Lay

Let's just say Darnell has contributed in other ways

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48067406)



Reply Favorite

Date: September 9th, 2024 5:55 PM
Author: turquoise frisky indian lodge psychic

lol 180, glad things have improved

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48067430)



Reply Favorite

Date: September 9th, 2024 5:52 PM
Author: Aggressive abode

If you have young kids, that $1.5M will cover college for 1 child following 15 years of inflation and no growth since your pulling it all out to pay living expenses.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48067416)



Reply Favorite

Date: September 9th, 2024 5:59 PM
Author: Swashbuckling shitlib

cr

with a family you need at least $10 million

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48067448)



Reply Favorite

Date: September 9th, 2024 6:07 PM
Author: Aggressive abode

i can't tell when people are flaming. $10M is much higher than I'd need.

With 4 kids, I would not be comfortable even semi-retiring (i.e. i take a chill, low paying job just to pay day-to-day expenses), unless I had $2M outside of retirement accounts and no mortgage.

At that point, I'd have enough to get them all to adulthood debt free and be able to help them out financially when they need it.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48067475)



Reply Favorite

Date: September 9th, 2024 6:17 PM
Author: Tantric bipolar volcanic crater

Cr. If I got just $1m more net after any tax, I could pay off all my debts, fund my kids’ 529s to appropriate level.

With another $1m in retirement after that, I’d start to relax a bit I think.

Actual retirement? Lol no thank you.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48067514)



Reply Favorite

Date: September 9th, 2024 10:13 PM
Author: Aggressive abode

We are beasts of burden meant to die the moment our useful lives expire. Retirement is an affront to nature.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48068292)



Reply Favorite

Date: September 10th, 2024 10:44 AM
Author: Swashbuckling shitlib

cr get back in there

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48069642)



Reply Favorite

Date: September 9th, 2024 10:05 PM
Author: appetizing address

yeah move to Thailand and slash Thai cunnis and live well till you die



(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48068262)



Reply Favorite

Date: September 10th, 2024 11:01 AM
Author: Indecent Giraffe Brunch

hey dont tell him my plans

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48069713)



Reply Favorite

Date: September 9th, 2024 11:56 PM
Author: Unhinged sienna gaming laptop

I will prob have less than that when I punch and am not worried about it

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48068667)



Reply Favorite

Date: September 9th, 2024 11:57 PM
Author: azure talented clown piazza

Brother. How have you been?

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48068668)



Reply Favorite

Date: September 9th, 2024 11:59 PM
Author: Unhinged sienna gaming laptop

Been good man just busy. Trying to live life IRL a lot more and chasing kids around.

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48068672)



Reply Favorite

Date: September 10th, 2024 12:07 AM
Author: azure talented clown piazza

Good to hear. Glad ur well. Yours has always been one of my very favorite monikers

(http://www.autoadmit.com/thread.php?thread_id=5591218&forum_id=2...id#48068709)