Current Events > Remember when getting a million dollars meant you were set for life?

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Blue_Inigo
02/04/21 2:39:33 PM
#1:


Crazy how that isn't enough anymore

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"This is your last dance."
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DowntownMrSmith
02/04/21 2:40:58 PM
#2:


Pepperidge Farms remembers.
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#3
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WingsOfGood
02/04/21 2:43:21 PM
#4:


why isn't it?
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Blue_Inigo
02/04/21 2:43:41 PM
#5:


JACKBUTTMOMMY posted...
Uh, I could be set for life with a lot less.
Nah you wouldn't tho

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CARRRNE_ASADA
02/04/21 2:44:17 PM
#6:


Still could be, depending on the life you want.

If you keep your job as well, you definitely are set for life.

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LordMarshal
02/04/21 2:44:34 PM
#7:


Imagine in 20 years when everyone males a million dollars but its just not worth anything.

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There can be only one.
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SrRd_RacinG
02/04/21 2:44:48 PM
#8:


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#9
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3PiesAndAFork
02/04/21 2:45:31 PM
#10:


Depends where you live. General wisdom is that invested, your capital should net you 4% to live on while still raising to keep pace with inflation.

So, a million bucks would be enough if you can live off of $40K per year.

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BobLoblaw_
02/04/21 2:47:24 PM
#11:


You can easily survive

plus you can invest

yiu dont realize the interest you earn off that

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DD Divine
02/04/21 2:48:52 PM
#12:


I could make it work.

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Perascamin
02/04/21 2:49:24 PM
#13:


My upkeep is 19.2k/Year. I could survive on 1M for 52 years, or until I'm 76

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I've grown.
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im not 13
02/04/21 2:50:21 PM
#14:


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PoundGarden
02/04/21 2:52:19 PM
#15:


I could be set with $250k. The trick is knowing how to breed yo dollas

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"You go. I'm just going to stare at the lake and think about how I almost just killed a baby."
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PrettyBoyFloyd
02/04/21 2:57:34 PM
#16:


Yea if I keep living like I have since 1990.

Most lose out because they buy bullshit or buy shit for their family and friends.

I mean it's fine to help a family member out or a good friend having troubles.

But when you start buying people houses, cars, boats and shit a million won't last long.

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The Evil Republicans - Est.2004 - WoT
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BilalPowell
02/04/21 2:58:12 PM
#17:


Still true. Just invest most of it and you're good.

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Former #1 Birmingham Iron Fan. RIP AAF
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WingsOfGood
02/04/21 2:59:19 PM
#18:


PoundGarden posted...
I could be set with $250k. The trick is knowing how to breed yo dollas

How would you make $250k sustainable?
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im not 13
02/04/21 5:12:57 PM
#19:


WingsOfGood posted...
How would you make $250k sustainable?

Buy a house

Don't have to pay rent

~12k a year to invest

How is that hard ?

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