3 ms·
~$100k/year if returns are based on 10%. Aka, what some people use for expected S&P returns to beat
by smileysteve 8y ago
~$100k/year if returns are based on 10%. Aka, what some people use for expected S&P returns to beat
- DVassallo 8y agoI have 80%+ in short term US treasuries and CDs (the rest in some stocks that I've held for a long time). I have no interest in the upside of the stock market right now. I'm already doing something speculative myself.
- hinkley 8y agoIf you're working out a budget to allow you to quit your day job you'd better have all of the numbers in post-tax dollars or you're gonna have a bad time.
- smileysteve 8y agoWe're taking about a pre-tax salary at 500k. Capital gains means no payroll taxes and discounted long term taxes too. And 80k is still well over the average household income
- spyspy 8y agoThat's mostly capital gains. He won't earn that in steady dividends to live off of.
- smileysteve 8y agoThese are fungible. (We're already averaging out volatility)