• Pennomi@lemmy.world
    link
    fedilink
    English
    arrow-up
    17
    ·
    edit-2
    4 months ago

    Sure, I guess I was thinking “quite comfortable and sustainable.” Let’s say a million dollars at a 4% fixed interest rate, allowing $40k per year to live off of. That’s quite reasonable in some areas of the country.

    • mecfs@lemmy.world
      link
      fedilink
      arrow-up
      11
      ·
      4 months ago

      That feeling when 40k per year is 5 times what you get.

      But in all seriousness I think that is a solid model.