/biz/ - Business & Finance

[Anonymous No.57600160]

can you retire with $1million in USA?

[Anonymous No.57600174]

>>57600160
Easily if you avoid major cities.

[Anonymous No.57600179]

>>57600160
not if you want a wife like that

[Anonymous No.57600212]

no you need about 5 million to retire and have enough to raise a family on a middle class life

1 million, however, is enough to stop working a job (or 500k if you live in a cheap region), not needing to work a job vastly improves your quality of life, and make your 5 million trading or doing whatever you want, which is what really matters for most people on this board anyways

[Anonymous No.57600217]

>>57600160
If you’re lucky.

[Anonymous No.57600220]

>>57600160
I bet her pussy is pristine

[Anonymous No.57600226]

>>57600160
$1M is fucking nothing in Biden's America.

[Anonymous No.57600229]

>>57600217
yeah sure but what's the point of retiring with $1 million if you're not gonna get laid i guess you could retire in a tent eating scraps off the floor and jerking off to pictures of your own mom's feet what a great life

[Anonymous No.57600246]

>>57600160
for about three years maximum

[Anonymous No.57600251]

>>57600160

Quite a specimen....

[Anonymous No.57600264]

>>57600229
Dumb AIposter

[Anonymous No.57600265]

>>57600160
You can retire in America with 10k. We need more information. How much of a goyim are you?

[Anonymous No.57600272]

>>57600160
I've got $1.8 million and still working a job and a half lol
I need $3 million before I even think about dropping down to part time.

[Anonymous No.57600273]

>>57600160
oh and friendly reminder that on the 4% that your $1m is yielding...
>inb4 i beat the market like i beat my dick
...the tax man is going to take 22% :D

this is what most of the "can you retire on X" OPs and anon peabrains forget.

[Anonymous No.57600277]

>>57600212
What if I got a paid off house, no debt and 600k in a moderately priced area?

[Anonymous No.57600285]

>>57600277
well... you're 60+ already

[Anonymous No.57600286]

>>57600272
This is what I mean anon, are you a good goyim paypig lifelong tax cattle like this guy? Or are you based and redpilled like me?

[Anonymous No.57600290]

>>57600160
Completely. That is, if you still work from time to time and not NEET forever, but with some good stable investments and without acting like you're Elon Musk you can assure even your grandkids will have money. I soft retired three years ago after my GF moved in with me, i keep working as a freelance programmer but only on jobs i genuinely enjoy and with people i know are doing things that can genuinely help the human race. My gf is a surgeon so even tho im loaded she still contributed to the household and choose to keep working, we're planning on having a child in around 4 years or when she gets fed up from her work, life is good we're taking it easy. I had a net worth of 700k when i retired, i still hold most of the same stocks, same with crypto (BTC, ETH, AGRS) all long-term investments and solid and even tho i've spent a lot of money my net worth has grown to 1.3 million
So yeah, just be smart lol

[Anonymous No.57600303]

>>57600286
based and redpilled like me obviously who needs to pay taxes that's for stupid cucks i have a huge cock because honey badgers always have the biggest dicks and that's just the way it is

[Anonymous No.57600541]

>>57600273
Your pic literally disproves that, retard. You'd pay only a few thousand on $40k income. It would most likely be capital gains anyway so income tax wouldn't even come into play.

[Anonymous No.57600561]

>my only consistent reply is the AI bot that used to spam office reddit pepe pics
It's so over

[Anonymous No.57600806]

>>57600220
immaculate, and it tastes like a georgia peach

[Anonymous No.57600813]

>>57600286
>anon is innawoods
Post timestamp. Do you have Wi-Fi, or do you use cellular data?

[Anonymous No.57601097]

>>57600160
Yes, with a brain you can.
I am making $100 per month dividends with around 20k (I bought too high)
Multiply that by 50 to get 1 million and now your dividends is around $5000 per month.
FREE MONEY THAT YOU NEVER WORK FOR
Plus 1 million that you can always cash out
You think you are not able to retire with 5k per month as a single person?

[Anonymous No.57601202]

>>57600179
money alone wont buy you a naturally beautiful wife. you need something more to offer, or settle for a botoxed faketan instagram thot with $10k+/month in maintenance costs

[Anonymous No.57601215]

>>57600806
Ah man. I can see it right now

[Anonymous No.57601337]

if you're house is already paid off that'll work.
Keep the money in assets to ward off inflation.

[Anonymous No.57601402]

>put 1 mil in schd
>35 per year in dividends
>stock value doubles every 10 years
>70k per year in dividends in 10 years
>140k per year in dividends in 20 years
>280k per year in dividends in 30 years etc
EZPZ

[Anonymous No.57602032]

>>57600160
yes there are lots of lifestyles this could work with, some of them even could be pretty cozy

[Anonymous No.57602033]

>>57600160
I bet her pussy tastes like peach flavoured honey

[Anonymous No.57602285]

>>57602033
but in reality it probably tastes like black cum

[Anonymous No.57602292]

>>57602285
Anon not every woman is a carbon copy of your mom

[Anonymous No.57602293]

>>57602292
all women these days are whores for black males

[Anonymous No.57602296]

>>57601202
untrue, all women are whores

[Anonymous No.57602308]

>>57602293
Maybe when you walked on your mom taking it from a black bull, but it’s not true for many women.
Many women have good full filling life without resorting to bestiality

[Anonymous No.57602321]

>>57600273
Tax man takes 14.94% on $40k/yr IF IT'S INCOME (already including medicare, ss, etc)
Since this would be long term capital gains, it would get taxed at 0%. Qualified dividends would also be better than income tax rate, but I don't know what the actual rate it
Fucking brainlet

[Anonymous No.57602474]

>>57602285
>>57602293
how does it feel knowing you'll never be able to have a perfect fair haired, blue eyed family of your own?

[Anonymous No.57602560]

>>57602474
It doesn't bother me
Why would I bring a child into a world where all women are whores for blacks

[Anonymous No.57602596]

>>57600273
Friendly reminder that of the 3% remaining yield after taxes inflation man is taking 100%

[Anonymous No.57602621]

>>57600160
Snood doesn't belong on this g-d forsaken forum. Remove her at once

[Anonymous No.57603900]

>>57600160
IF you own your house outright, dont have any major medical problems, dont have kids that are losers and need money constantly, then yes.

[Anonymous No.57603914]

>>57600273
do you know what standard deductions are?
youre gonna have like 20k of taxable income

[Anonymous No.57603964]

>>57600160
That's my goal this year once QANX hit 100X, I will retire

[Anonymous No.57603967]

>>57600273
you need to be 18 to post here

[Anonymous No.57603989]

Maybe but probably not safely. You'd be renting the rest of your life. One million after tax and you own your home? You could probably swing it frugally. But I think the magic number is 2mil since that lets you sit in fixed income vehicles and relax and collect a salary even if rates drop like rocks.

[Anonymous No.57603996]

I hate women they should all be locked up in cages and shown the error of their ways

[Anonymous No.57605139]

>gf said she wants to retire in this cute little town in Florida
>my ex is from that same area and her parents own half the fucking town
>everyone in said town hates me
>I have an unpaid $300 parking ticket from an HOA there

[Anonymous No.57605175]

>>57600160
$1,000,000 USD today will be >$50k in purchasing power in 30 years

[Anonymous No.57605185]

>>57600160
Need at least 1billy

[Anonymous No.57605205]

Sure, if you're single and in a LCOL area. SWAR of 4% for $1m is $40k per year, and it's going to be subject to 0 taxes at this rate, meaning it's the equivalent of ~$55k normal gross wages. Not a lavish life by any means but fine for simpler people.

[Anonymous No.57605209]

>>57600174
There is a hack to this if you have a rent controlled apartment in some big cities. Get one of those for around 2k a month and your rent never goes up. You essentially have a home for life provided you don't want to start a family or anything. If it's just you, you can retire to some degree on 1 million but just do what I'm doing. Bartend a few nights a week and make a little extra plus you get to meet girls.

[Anonymous No.57605262]

>>57600813
>he doesn't know

[Anonymous No.57606543]

>>57600217
based king of hill poster

[Anonymous No.57607167]

can you? sure. will be it be a decent? no. the average american household makes 80k and spends it all.

survive cheap 60k = 2m
average 80k =2.7m
middle class lifestyle = 100k year = 3.3m

obviously if mommy pays your rent and healthcare you can live on less.

[Anonymous No.57607212]

>>57601202
take grooming route so you can avoid those overhead costs

[Anonymous No.57607342]

>>57600160
For me, the real question is why ever retire? If I die in my cubicle, someone will clean it up. We can save for retirement, but we don't need to worry about it. The end will come eventually. Live in the moment, frens.