/biz/ - Business & Finance

Means you made a million usd or eur from your investment, depending where you live.

>>16170111
Earning the means and awareness to maximize productive, voluntary interactions with other people.

>>16170111
Making it -
Retire as a....
1m - poorfag
5m - middle class
10m - upper class
50m - rich

>>16170767
10m is really a lot of money anon that’s definitely above upper middle. You could buy multiple luxury cars houses and investments and still have money to spend on bullshit

>>16170783
10 million when you retire is equivalent to $2,814,900 today because inflation is historically at 3.22%. That is not fucking upper class at retirement age.

>>16170866
(assuming you retire in 40 years)

>>16170783
>>16170866
The valuations in my example are in today’s dollars (not counting future inflation)

>>16170783
>buy multiple luxury cars houses
>still money to spend on bullshit
are you saying the first is not bullshit?

>>16170866
Checked. But you’re not taking into account the money you can make in those 40 years by starting with 10m. Only a retard blows 10mil with no investments. At the very least you could eek out 250k yearly with some money manager watching half of it and not have to do anything

>>16170909
Cars ya property no

>>16170917
Eke*

>>16170866
>>16170871
some idiot who would let 10m just sit around for 40 years deserves it

just stick it into a broad fund and you would nearly double it with an average 5%