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After seventy years of 2% inflation, $5,000 per month would be the equivalent of $1,216 today, which isn't comfortable.
by zeveb 10y ago
After seventy years of 2% inflation, $5,000 per month would be the equivalent of $1,216 today, which isn't comfortable.
- jogjayr 10y agoMore accurately, $5m invested properly (low-fee index funds, real estate etc) will yield approximately %2-3 annually after inflation (assuming "normal" inflation in the %3-5 range). That works out to around $100k annually, again inflation adjusted. Nothing's certain in life but $100k/year, inflation-adjusted should probably be enough for most people. edit: formatting