/biz/ - Business & Finance

[Anonymous No.21914617]

Anon how much money do you need to retire comfortably?

[Anonymous No.21914658]

Hold on, let me google that for you.

[Anonymous No.21914693]

>>21914617
I would unironically be fine with 500k

[Anonymous No.21914694]

>>21914617
thats a man

[Anonymous No.21914733]

>>21914694
a cute one at that
look at those delicious pencil thin lips and big bony hands, uuggh

[Anonymous No.21914754]

>>21914693
Have fun getting wiped out by one expensive medical expense

[Anonymous No.21914767]

>>21914617
~$130MM
>after tax

[Anonymous No.21914805]

>>21914754
If get sick get treatment overseas.

[Anonymous No.21914813]

>>21914617
I can retire now. But I want 2.5m to basically be able to give the finger to everyone.

[Anonymous No.21914828]

>>21914617
3M and 500K in portfolio

[Anonymous No.21914856]

>>21914754
that literally wont happen. Fortunately I will not get diabetes from a diet of corn syrup like you, retarded american.

[Anonymous No.21914907]

I’m not sure but sometimes when I’m near men I feel impulses to kiss them and suck them.

[Anonymous No.21914922]

>>21914617
$1m post tax and I'm good. I'm 90% of the way there. Suterusu should push me over the edge soon. (and I can still hold a $50k SUTER suicide bag tax free for 2023)

[Anonymous No.21914939]

>>21914922
this is fucking based and SUTER is fucking based too

[Anonymous No.21914969]

500k Euros minimum. Thing is it will give 1.6 k Euros per month after taxes if i put it in 5 % savings account. Its okay money to sit around an start all over again

[Anonymous No.21914987]

>>21914828
other way around

[Anonymous No.21915003]

>>21914617
500k min
2mil to be sure

[Anonymous No.21915024]

>>21914617
£400,000 or $3,000,000

[Anonymous No.21915025]

>>21914617
>>21914693
same with this anon. 500k would be enough to just live out the rest of my life.

however i'd say about 1 million would be good because then i can pay off my mom's condo and also buy my sister a car, and still have enough for myself till i die

[Anonymous No.21915086]

>>21914617
All I need is 2 xPOP token unironically. Literally costs less than $400 right now and has a strong potential to moon to $100,000 per token in about two weeks when they fully launch their platform.

[Anonymous No.21915274]

>>21914617
2 million after taxes can be comfy asf for me. 1 million would work tho. I’d leave half a million in crypto for retirement and landlord in some best renters markets I could get 2% rent off of 150k In some cities. 3 properties, half a mil in the bank. Easy mode.

[Anonymous No.21915313]

>>21915024
is this a man?

>>21915025
Why is 500k comfy enough? I'm really curious if I should just cash out my DIA stack now or wait until 1.5mil port

[Anonymous No.21915625]

>>21914617
$1M
>semi-retire and pursue piano full time as a teacher and performer and invest the money into stocks so I can have another million after 20 years and then actually retire into deep-dive VR and explore the virtual omniverse with my waifu Rem
>I have a 1000 LINK so i'm all set when it hits $1K EOY

[Anonymous No.21916275]

>>21914658
Found the answer yet?

[Anonymous No.21916369]

>>21914856
Based

[Anonymous No.21916588]

If I can go from full-time work to just part-time, I consider that a win. I don't mind living the poorfag lifestyle, having my living expenses covered and some extra spending cash for vidya and stuff and I'm good.

[Anonymous No.21916657]

is it just me or does this topic come up every fucking day

[Anonymous No.21916676]

>>21916657

Why do you think most of us are here?

[Anonymous No.21916693]

to copypasta your answers from yesterday?

[Anonymous No.21917160]

Could probably do it on 500k because I'm old

[Anonymous No.21917229]

>>21914617
about 1 million usd for uber comfy about 500k for my current lofestyle

[Anonymous No.21917244]

$100 million.

[Anonymous No.21917364]

>>21917160
Too old to understand VRA?
Seriously though how old I want to know what my target should be

[Anonymous No.21917481]

>2 million
>500 thousand
>1.5 million
Lol
You want to live like Roman emperors?
600k is what a wealthy family in Thailand makes their whole life.
Putting 400k into SPY at 7% return a year will put you into the world's top 1% income wise.

200k invested and you will lead a comfortable life in Asia or Costa Rica.

[Anonymous No.21917507]

>>21914617
Depends where you want to live and the lifestyle you want to finance.

Lets say you spend 200K a year. Well, stocks only give 1.83% dividend yield right now. Lets say another 1.2% is retained.

So you have a 3% real return (mix of dividends and capital gains) probably going to pay about 15-20% taxes on that.

So your after tax real return on stocks is like 2.5% at current valuations. You'd need about 40X whatever you wanna spend in perpetuity if you want to keep up with inflation.

So, you need like $8M if you wanna spend 200K per year. People think that's a lot of money for a shitty income, but you'd need a 350K salary to spend the same amount.

So, more than most people think. You could say real estate, but if you consider your time invested you probably aren't getting more than a 4% real cap rate. So that's $5M.

But yeah, you could do it for less, although its more risky since you're a lot less diversified. Maybe with leverage, you can get away with $3M, assuming you can get some solid returns.

[Anonymous No.21917511]

>>21917481
>just live in the third world bro

[Anonymous No.21917823]

>>21917507
About everything in this post is bullshit

[Anonymous No.21917849]

>>21914617
$3m now go away

[Anonymous No.21918464]

>>21914617
"Comfortably" to me means being able to buy expensive clothes and tech every few months.

Just Google "John Smedley", "Sunspel", "Eton", "Crockett and Jones", "Joshua Ellis", etc and tell me yourself.

[Anonymous No.21918559]

>>21917507
>Lets say you spend 200K a year.
what fucking normal person spends this much
I'd wager most anons here just want to escape wagecuckery, not become huge coonsoomers