Re:White hat hacker awarded $2M for fixing ETH-creation bug
by ycombobreaker on Sunday February 13, 2022 @11:55AM
(#30323153)
> least historically it's been reliable to get a fixed income
"Fixed Income" is more about structurally reliable and consistent returns, rather than historical average returns.
An outlier bad year can easily wipe a huge percentage of capital invested in stock--but the younger you are, and the more buffer you have, the less likely this is to be a problem. But don't mistake that for fixed income!
Fixed income usually refers to interest rate products, and as mentioned above in this thread, the inflation-adjusted rates have been pretty bad. Pretty much since the start of Quantitative Easing, I believe.
The market historically has been going up, so at least historically it's been reliable to get a fixed income. I don't think $2M is sufficient to retire very early, mostly because of bad years and that your initial capital loses value over the years, but it can generate a nice income and most people can have something on the side that generates some extra money as needed. With $4M I would be more comfortable retiring at 40 let's say, depending on cost of living of course.