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You can’t live inside an index fund but you can pay rent with your index fund returns.
by esoterica 3y ago
You can’t live inside an index fund but you can pay rent with your index fund returns.
- antisthenes 3y agoHow many people can actually pay $2000/month just from their index fund returns without drawing on the principal? Even if you assume 4% real return (beating inflation), you'd need to have at least 600k worth of index funds, and you won't be growing it. Even for HN users, that's a lot of money. This strategy will never work for more than 1-2% of the population.
- 88913527 3y agoA quarter of households have net worths greater than $600,000. https://dqydj.com/net-worth-percentile-calculator/ https://dqydj.com/net-worth-percentile-calculator/