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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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51493815 No.51493815 [Reply] [Original]

>> No.51493839

>>51493815
Do you think we are all in our 50s here? kek

>> No.51493865

>>51493815
>CNBC Make It
They're actually capitalizing on this meme just like tiktok influencers, smart
Also ironic since (((they))) control the media

>> No.51493894

Pretty much all of these people aren't retired they are just now financial (((marketers)) influencers

>> No.51493921

>>51493815
That's a man

>> No.51494048
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51494048

>>51493815

That's gonna be a really comfortable retirement.

>> No.51494066

>>51494048
In fucking Ohio it is. That's $40k tax free a year from dividends and not even touching the principal

>> No.51494083

>>51493815
You can't retire with 1.3m lmfao what do they think this is, 2001?

One million dollars was a lot when you were a kid. One million dollars isn't enough for a house now.

>> No.51494348
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51494348

>>51494083
Inflation... She will not be "retired" long.

>> No.51494376

>>51493815
>me be retirin' n shiet YO!

>> No.51494415

>>51493815
Ohio is based that way
Can confirm
t. Live in Ohio

>> No.51494423

>>51494083
>>51494348
Cope and seethe

>> No.51494494

>>51494423
even if she could live on 50k a year that would only last her 20 years at best before she is at zero again. broke at 69 years old sounds FUN

>> No.51494508

I could honestly retire on very little.

I dont travel, I dont consume, my biggest bill is my internet/gym membership

>> No.51494526

>>51494083
>One million dollars isn't enough for a house in Ohio
Ahahahahahahaha oh coastalcuck if only you knew how comfy the corn and opioids really are

>> No.51494532

>>51494494
Why would you be spending $50k per year if youre RETIRED.

What is it with everyone on /biz/ assuming being retired means you're still spending as much as you were when you were working?

I dont get this

If you retire, you dont spend money on anything besides basic shit, its that simple.

This place is full of yuppy normalfags who refuse to retire unless they can consoom 6 figures of crap a year so you push retirement back and back forever until you die

>> No.51494564

>>51494494
>$1.3MM
>never heard of safe drawdowns
Even if she did need to spend $50k a year, which would be retarded, she can do so and still preserve her principal against inflation (there will be no room for growth though). Ie she could do that for 30 years and at the end would still have $1.3MM in 2022 money.
I get that the demographics of this place have changed but it gets old reading dumb posts like this.
Like holy shit, you literally don't even realize you can have an income generation portfolio.

>> No.51494581
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51494581

>>51494564
This won't be possible long-term after peak-oil. The Economy is an ENERGY SYSTEM.
read this:
https://surplusenergyeconomics.wordpress.com/professional-area/

>> No.51494591

>>51494581
I'm good thanks

>> No.51494738
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51494738

>>51493815
But I'm only 25

>> No.51494747
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51494747

>>51493815
>49
>1.3mil
>prob live until 85
>survive on 36k a year for 36 years
mfw

>> No.51494791

>>51494747
>lmao dude just wageslave

>> No.51494792

>>51493815
She's getting robbed