The most prestigious law school admissions discussion board in the world.
|
 |
 
|
When will I ever be financially secure?
| disco fries | 10/04/24 |
| cock of michael obama | 10/04/24 |
| disco fries | 10/04/24 |
| oli | 10/04/24 |
| cock of michael obama | 10/04/24 |
| oli | 10/04/24 |
| cock of michael obama | 10/05/24 |
| Karlstack (Retired) | 10/05/24 |
| disco fries | 10/05/24 |
| oli | 10/05/24 |
| oli | 10/05/24 |
Poast new message in this thread
Date: October 4th, 2024 11:50 PM Author: disco fries (28.5 fortnights to Teewinot friends - 355lbs) I am presently saddled with hundreds of thousands in debt and more expenses than I know what to do with and I can’t keep up with my family or my work obligations. I am completely and utterly underwater. (http://www.autoadmit.com/thread.php?thread_id=5606713&forum_id=2\u0026mark_id=5309775",#48165289) |
Date: October 4th, 2024 11:52 PM Author: cock of michael obama i picture ur op question sung to https://www.youtube.com/watch?v=5OpuZzsPBhQ# (http://www.autoadmit.com/thread.php?thread_id=5606713&forum_id=2\u0026mark_id=5309775",#48165293) |
 |
Date: October 4th, 2024 11:58 PM Author: disco fries (28.5 fortnights to Teewinot friends - 355lbs) cr (http://www.autoadmit.com/thread.php?thread_id=5606713&forum_id=2\u0026mark_id=5309775",#48165313) |
|
Date: October 4th, 2024 11:57 PM Author: oli You're already there. You don't need to save anything more. You said you have 1.5-2.0 million.
1.5 million at an 8% yield compounded just annually, without any additional dollars, gives you $15 million in 30 years. If you get a 9% yield, you have nearly $20 million.
Relax.
https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator |
|
Date: October 4th, 2024 11:57 PM Author: cock of michael obama inflation is 20% and increasing though (http://www.autoadmit.com/thread.php?thread_id=5606713&forum_id=2\u0026mark_id=5309775",#48165307) |
|
Date: October 4th, 2024 11:59 PM Author: oli Its already nearly back to normal. 20% inflationary periods are not the norm.
But even if they were, the market goes along for the ride too, so if you own assets it's all the same. |
|
Date: October 5th, 2024 12:05 AM Author: cock of michael obama a medium fry at mcdonalds the other day was 3.99. this is only getting started (http://www.autoadmit.com/thread.php?thread_id=5606713&forum_id=2\u0026mark_id=5309775",#48165331) |
|
Date: October 5th, 2024 12:00 AM Author: Karlstack (Retired) Show your work (http://www.autoadmit.com/thread.php?thread_id=5606713&forum_id=2\u0026mark_id=5309775",#48165315) |
|
Date: October 5th, 2024 12:02 AM Author: disco fries (28.5 fortnights to Teewinot friends - 355lbs) Massive inflation NOW Job is stagnant and wages flat and I may get fired because I suck at it and just don’t care (so I can’t wait 30 years) Owe $400k on my house $12.5k on my car $20k on credit cards. 4 kids with 4 hungry mouths to feed. Wife doesn’t make shit ($1303 every two weeks ). Mom has dementia and that’s a constant frustration. |
|
Date: October 5th, 2024 12:04 AM Author: oli As long as your income barely exceeds your spending for the next 30 years your fine. Think of how great that is. You don't need to save anything more.
Sorry about your mom. |
|
Date: October 5th, 2024 12:05 AM Author: oli Also lol at owing 20k on credit cards. You need to go on that youtubers channel.
You wife takes home 2600 a month? doing what flipping burgers? |