Re:The Old Are Eating the Young
by Veelox on Wednesday June 14, 2017 @04:17PM
(#14555768)
I am expecting that the good times in the US will continue for 10 more years at which point I will have enough saved up to retire[0].
[0] Assume that I make 150k a year and only live on 50k a year I can put the rest into index funds. In ~10 years my money will be producing enough money so that I can quit and live on 50k a year forever. See http://www.mrmoneymustache.com/2012/01/13/the-shockingly-sim... for the math/justification.
[0] Assume that I make 150k a year and only live on 50k a year I can put the rest into index funds. In ~10 years my money will be producing enough money so that I can quit and live on 50k a year forever. See http://www.mrmoneymustache.com/2012/01/13/the-shockingly-sim... for the math/justification.