• J12@lemmy.world
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    1 year ago

    2 million at 6 percent a year in gains/dividends is 120k a year. I would say a vast majority of us could live a very comfortable life with 2 million. That’s a middle class income for the rest of your life.

    The sad thing is we’re all closer to 2 million than 2 million is to the 200 billion Elon is worth.

    • zenofpython@lemmy.world
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      1 year ago

      The “rule” is 4%, and even that number is high at this point. I think 3, it 3.5 is closer to reality.

      So it would get you ~60k.