this post was submitted on 15 May 2025
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I spoke the other day about rich people whingeing that they don't have enough to retire in luxury. In today's news there is a 67 year old man who hates his job and wants to retire. However the poor thing only has $700K saved up. This only gives him $28K a year in interest. sadness Poor old dear still hasn't paid off his mortgage so how will he manage on that?

How the other half live.

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[–] RION@hexbear.net 6 points 2 months ago (9 children)

Correct! I'm using Capital One's 360 Performance Savings which has 3.6% APY. It's nice because they don't have transaction limits like some savings accounts so I can basically treat it like a checking account and get that APY on my whole balance

[–] sawne128@hexbear.net 4 points 2 months ago (5 children)
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