this post was submitted on 27 Nov 2024
385 points (99.2% liked)
The Onion
4695 readers
382 users here now
The Onion
A place to share and discuss stories from The Onion, Clickhole, and other satire.
Great Satire Writing:
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
"Retirement" for me would likely require an 8 digit sum of money and a functioning economy in 40+ years. I don't anticipate having either.
At spending 4% per year, and assuming US Dollar, $10,000,000 would provide $400,000 per year to spend. Depending on inflation, may be a lot.
You need to also account for 40+ years of inflation to boot. $400K is a lot now. In the 2060s, probably not so much.