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That's way to low even if you magically own your own home v unlikely in CA. Even if you have an inherited home back in Oz its way to low. You'd need around a £
by walshemj 9y ago
That's way to low even if you magically own your own home v unlikely in CA. Even if you have an inherited home back in Oz its way to low.
You'd need around a £million to maintain a decent but not rich life style.
To give an example I have about $200k invested 70% in stocks and am yielding about $5k in income (which is reinvested in the moment). Ok I am not optimising for income over growth but no way could I live well on just that.