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> grocery store cashier who makes $2000 USD/month after taxes Not "close" to most European/western countries. You may be really disconnected from normal people
by arkh 7y ago
> grocery store cashier who makes $2000 USD/month after taxes
Not "close" to most European/western countries. You may be really disconnected from normal people revenues.
> assuming average yearly yield with reinvested dividends at 8.5%
That's a big assumption.
> At this level travling/vacation expenses isn't a problem for the cashier
Inflation over 30 years then 20 more years of retirement may change this.
- esotericn 7y agoHe's specifically talking about the Swedish perspective where the income distribution is much flatter. In the UK it'd be more like $1K for the cashier and $10K for the exec rather than 2 and 5.
- arkh 7y agoFrom their post about the $2k salary after taxes: > but they are close to most European/western countries
- account73466 7y ago>> Not "close" to most European/western countries. You may be really disconnected from normal people revenues. He was specific - Sweden. Just divide all numbers by some factor if you prefer.