/biz/ - Business & Finance

>>12239860
>You mean 50 years, right?

No, you just don't understand basic arithmetic:

>$105k/year
>30% taxes
>Frugal life $1,500/month expenses
>5% yearly interest

12 years and he's got a million saved and $44k/year in interest to live off of. I guess poor people can't comprehend things like living off of interest alone.