3 ms·
> I dont see this feasible at all, at the very very least you need 5X times that. I agree with you that $333USD/mo is not a ton but 5X that is more than lots o
by chrisfosterelli 6y ago
> I dont see this feasible at all, at the very very least you need 5X times that.
I agree with you that $333USD/mo is not a ton but 5X that is more than lots of people live on in north america.
- cambalache 6y agoAnd how are they living. For 1500 bucks a month for a family of 3, no other income, unless you depend heavily on external assistance you are going to suffer a lot. Will you stop working if I guarantee you 1500 USD/month. No other income, no house, no car, no stocks,no college fund, no health insurance, all of this will have to come from the 1500 USD. Remember the original point of this discussion for which I have been downvoted to hell here: You need a non-trivial amount of money (in my estimation at least 1MM) to be "set for life".1 MM will give you 3k/month with moderate risk assuming historical returns. You can live with it surely but nothing crazy.