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A comment on Why I quit a $500K job at Amazon to work for myself. Parent comment

Re:Why I quit a $500K job at Amazon to work for myself by hinkley on Monday February 11, 2019 @01:14PM (#19136672)
$20k a year in interest after taxes if he’s not a complete moron. I could survive on around $45k a year (including health insurance) so I could putter for a long time before I had to deliver something.

But domain knowledge and contacts will probably be the biggest assets OP turns out to possess. Don’t undersell those.

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Re:Why I quit a $500K job at Amazon to work for myself by smileysteve on Monday February 11, 2019 @02:57PM (#19137696)
~$100k/year if returns are based on 10%. Aka, what some people use for expected S&P returns to beat
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Re:Why I quit a $500K job at Amazon to work for myself by DVassallo on Monday February 11, 2019 @03:08PM (#19137772)
I have 80%+ in short term US treasuries and CDs (the rest in some stocks that I've held for a long time). I have no interest in the upside of the stock market right now. I'm already doing something speculative myself.
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Re:Why I quit a $500K job at Amazon to work for myself by hinkley on Monday February 11, 2019 @03:08PM (#19137773)
If you're working out a budget to allow you to quit your day job you'd better have all of the numbers in post-tax dollars or you're gonna have a bad time.
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Re:Why I quit a $500K job at Amazon to work for myself by smileysteve on Monday February 11, 2019 @05:48PM (#19139234)
We're taking about a pre-tax salary at 500k. Capital gains means no payroll taxes and discounted long term taxes too.

And 80k is still well over the average household income

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Re:Why I quit a $500K job at Amazon to work for myself by spyspy on Monday February 11, 2019 @03:08PM (#19137777)
That's mostly capital gains. He won't earn that in steady dividends to live off of.
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Re:Why I quit a $500K job at Amazon to work for myself by smileysteve on Monday February 11, 2019 @06:03PM (#19139374)
These are fungible. (We're already averaging out volatility)
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