News for hackers. Stuff that matters.

A comment on California Spent $17B on Homelessness. It’s Not Working. Parent comment

Re:California Spent $17B on Homelessness. It’s Not Working by ipaddr on Saturday June 03, 2023 @09:28AM (#36176508)
Who is giving you 4%? Subtract taxes and you've traded a nice city for a life of poverty because chances are finding a new job at a similiar salary is almost impossible.

Looks easy from the outside but rarely is

[ Parent | on HN ]
Re:California Spent $17B on Homelessness. It’s Not Working by singleshot_ on Sunday June 04, 2023 @12:16PM (#36186804)
I think he's saying you could withdraw 4% of your principal every year, which would be a great idea if you are planning on being deceased in 25 years.
[ Parent | on HN ]