Fun fact: $1M in assets equates to $40k/year income in retirement at a 4% safe withdrawal rate.
Considering that MAGAs are both trying to destroy Social Security and fucking up the stock market (meaning that 4% may very well need to get smaller in the future), everybody who isn’t literally a millionaire (or more!) by the time they retire is likely to die in poverty.
He knows the rest of us aren’t even millionaires, right? RIGHT?
Fun fact: $1M in assets equates to $40k/year income in retirement at a 4% safe withdrawal rate.
Considering that MAGAs are both trying to destroy Social Security and fucking up the stock market (meaning that 4% may very well need to get smaller in the future), everybody who isn’t literally a millionaire (or more!) by the time they retire is likely to die in poverty.
i’m working on my second million.
(i gave up on the first one)
If you don’t have at least a million dollars, can you even be considered human? /s