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/biz/ - Business & Finance

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1637450 No.1637450 [Reply] [Original]

How much would I have to invest into stocks or a vangaurd account or any other asset to make about 20k a year. I hope to buy cheap land in northern MI and pay it off in full and just have to pay property tax. Use solar to replace at least most of my electricity bill and farm for half of my food.

I'll have a decent paying job to buy the land and the solar and wind products as well as invest. Some general figures would help me move closer to my goal of living the small life.

>> No.1637508

4% safe withdraw rate is a good place to start

Fire calc is cool, but old an cheesy

>> No.1637518
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1637518

>>1637450
wow. 2 acres is nothing
thanks for the infograph this is relevant 2 my interests.

>> No.1637532

>>1637450
Vegans btfo

>> No.1638786

>>1637518
I have not yet see Mr. Gates' property up close but it seems a mish-mash from the air. Could he not hire a cool architect to make a fucking CAMPUS for himself, guests?! Unified look...

>> No.1638789

>>1637450
>20k a year
>get a minor illness or injury
>0k a year
You people are stupid.

>> No.1638794

About ~650000 - 700000 assuming a 6% return and 3% inflation