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It's actually 5x salary, which for the typical highly paid google engineer is probably a life insurance policy which costs < $100 per month.
by grandalf 14y ago
It's actually 5x salary, which for the typical highly paid google engineer is probably a life insurance policy which costs < $100 per month.
- inopinatus 14y agoMoney loses value, so it's less than 5x if you use the discounted present value of the future cashflows. Finger in the air, it's around 4.5x if you assume a discount rate of 3% and 4x with a discount rate of 6%.