/biz/ - Business & Finance

>>17111618
$0 is enough.

$10,000,000 is the magical number. Buy a nice house, give your children best education, have dream car, wife has enough spending money, and still have enough left over to do whatever you want.

1 million is enough you greedy bastards
you can get like a guaranteed 100k a year with that.

>>17111634
NO NOOO NOOOOOO

>>17111652
How? I like safe easy guaranteed investments but all the annuities and savings accounts don't give shit for returns. Even some of my high rink investments don't even give that much.

I only need $863,427.

>>17111634
>wife
you fucked up anon
>children
you fucked up anon

>>17111667
vtsax and tsla

>>17111675
I'm white. My species is dying.

>>17111688
dubs don't lie

>>17111667
Futures/spot arbitraje is close to 10% a year.

Divide annual living expense by 0.04 for general idea

>>17111634
You're sadly right.

>>17111618
For 1 person? Easy enough to live a comfortable life. Same for 2 people.

>>17111652
1 million is enough for me to retire but no way would I stick it in risky investments. I'd stick most of it in something safe that would probably get me under 15k. Some on a house for passibe income.

>>17111652
1 million is like 1 house.

yeah i wish i had $4,000,000

4m isn't going to be enough when you still cry yourself to sleep at night alone

>>17111864
You're sadly right.

>>17111864
and what if you don't cry yourself to sleep at night alone

>>17111850
What kinda houses you buying? 1 mil is ebough to buy like 13 - 14 houses in the suburbs.

>>17111864
poorfag cope

>>17111688
Same anon. I can't wait to be a father.

>>17111688
welp 88 dubs cant argue that one

>>17111634
This. This is the minimum to truly make it. I’d rather have 30M-50M but if someone offered me 10M and I had to sell every crypto I owned and could never buy any again I’d do it in a heartbeat.

>>17111618
Fuck this picture hits close to home :||

>>17111675
Fuck off nihlist. You have a phsychotic illness if you do not want children. If you aren't going to continue the species then rope yourself now and stop wasting resources you faggot coomer

>>17111634
>Wife

Top lol

>>17111618
>entire thread of supposed "biz" people and no one mentions 3/6 rule...sigh....such babbys
Yes anon $4m is the magic number.
The number financial planners use for retirement purposes is taking out 3% of nest egg per year and earning 6%
So with $4M that means withdrawing $120K (pre tax / $100k post tax) per year and letting your nest egg continue to have some level of inflation protection.

>>17111688
checked and based, kikenon mad

>>17111652
>you can get like a guaranteed 100k a year with that
Incorrect

>>17111688
wew laddie

>>17112938
Really this

>>17111688
EXTREMELY BASED

>>17111634
Private school is $25,000 a year anon

>>17114546
With some REITs its definitely possible