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Call it $700k after taxes... Even living on a $35k/year budget, that only buys you 20 years of freedom - and no retirement fund!
by dandelany 11y ago
Call it $700k after taxes... Even living on a $35k/year budget, that only buys you 20 years of freedom - and no retirement fund!
- sapphireblue 11y agoIf you put these 700k in Vanguard, you could get ~3.21% per year forever. That works out to 22k$/year. Perhaps it's below poverty line in US, but for some countries that could be upper part of middle-class income.