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You’d retire on $12,000/year? I feel like all the people saying basic income wouldn’t make everybody retire is missing the actual amount involved. It doesn’t gi
by wat10000 1y ago
You’d retire on $12,000/year? I feel like all the people saying basic income wouldn’t make everybody retire is missing the actual amount involved. It doesn’t give you a fancy lifestyle. It gives you a shot at not starving.
- hatthew 1y agoAdjusted for inflation and exchange rate, it would be $18,000/yr. That plus my savings and investments is enough that I'd value marginal time over marginal money.
- wat10000 1y agoThat's equivalent to $9/hour at a full time job. I doubt many people would be satisfied enough with that level of to retire. Sounds like you're just on the edge of doing it without any additional resources, and this would just tip you over the edge.
- hatthew 1y agoI'm roughly halfway there, and $9/hr could be the other half