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What he says actually is "get 1 million" "you don't need a billion" Well yeah. 1 million is pretty cool. It means you're free to do whatever you like. Cause h
by zobzu 15y ago
What he says actually is "get 1 million" "you don't need a billion"
Well yeah. 1 million is pretty cool. It means you're free to do whatever you like.
Cause hey i'd be pretty happy with 1 million. Or half that. Or quarter that. Or less.
- hugh3 15y agoA million bucks isn't much nowadays. Certainly not enough to retire comfortably in the US (yes yes, I know we've had a recent rash of articles on how to retire on $9000 a year or whatever, but I don't wanna live in a trailer park). I reckon you need at least $2 million, preferably $4 million, before you have enough money to never have to worry about money again. Still, I like to think that Bill Gates, having been a many-billionaire since the 1980s, has lost track of what the hell a mere million dollars is worth nowadays.
- Goladus 15y agoI think it's more likely he wasn't worried so much about gotcha-style internet scrutiny than making a general point about diminishing returns.