Re:Who still needs the office? U.S. companies start cutting ...
by sushshshsh on Friday July 24, 2020 @12:06AM
(#23935607)
Thanks for the data :) For me, extra savings would just go towards automating more things in my life. All of the things that are broken or malperformant in my house could be resolved with a few phone calls. If I still have money left over after that, then it would probably be invested to generate more secure and reliable income. If I only have 500k in the bank, I feel weary about putting half in dividend stocks that might not pan out like I hoped. But if I have 2 milliom in the bank, then $200,000 in dividend stocks feels like child's play in terms of risk :)
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Re:Who still needs the office? U.S. companies start cutting ...
by scarface74 on Friday July 24, 2020 @01:02AM
(#23935909)
That brings up another interesting and off topic aside.
I made plenty of $bad_life_decisions until 12 years ago. So early retirement is out of the question. But that’s okay, I’ve never hated my career, my previous jobs at times definitely.
But, with a paid off house, the amount of savings I should be able to amass in 20 years by the time I’m 65, and hopefully social security is still a thing. With today’s rules, your spouse can either collect their social security or half of yours while you are both still living. We could easily live off of an (inflation adjusted) $4500 SS + the hopeful retirement savings.