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Aella_Girl's profile
Aella
Aella
Aella
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@Aella_Girl

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AellaVerified account

@Aella_Girl

whorelord http://aella.hns.to 

Austin
knowingless.com
Joined September 2012

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    Aella‏Verified account @Aella_Girl 6 Sep 2020

    How much in savings would you need in order to feel comfortable never working again

    8:30 PM - 6 Sep 2020
    • 2 Retweets
    • 68 Likes
    • Michaël Mathieu Michael Rivers mohammadshamma Andrew Carr chris.code(); June "Wakalix", 💎 Jon Simon Anfernee Chansamooth Illianna/Roulette
    45 replies 2 retweets 68 likes
      1. Pablo Escobar, de verdad‏ @pauloesco 6 Sep 2020
        Replying to @Aella_Girl

        Depends on your age, work history, and standards of living.

        1 reply 0 retweets 6 likes
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      2. Raïsh‏ @Raghy78d 6 Sep 2020
        Replying to @NFLFilmAnalysis @Aella_Girl

        Depends where you live. Could make it with less than 500k in your 20s.

        1 reply 0 retweets 1 like
      3. End of conversation
      1. Richard Bibeault‏ @Duderichy 6 Sep 2020
        Replying to @Aella_Girl

        2m @ 3% -> $60k. I’d feel pretty comfortable with that _depending_ on the state of healthcare in this country.

        0 replies 0 retweets 4 likes
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      1. EricArrrrr‏ @OakPaul 6 Sep 2020
        Replying to @Aella_Girl

        For me in the US it primarily depends on what health care coverage i need and how much I'm worried about medical debt driven bankruptcy. Minimum 5m 2020 dollars at age 62 for never working again to be relatively confident that I can do the things I want.

        0 replies 0 retweets 2 likes
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      2. Mat Hickling‏ @Toonooky 6 Sep 2020
        Replying to @Aella_Girl

        This answer is going to be very different for a 20 year old compared to a 50 year old

        1 reply 0 retweets 2 likes
      3. Bitcoin Eagle ∞/21M‏ @bitcoin_eagle 6 Sep 2020
        Replying to @Toonooky @Aella_Girl

        Not much that much. If you live out of interest on the investment the capital itself is not burned. Sure bigger overall risk for longer time so more is better the longer you need it

        2 replies 1 retweet 0 likes
      4. Show replies
      1. Dr. Spacey B, PhD‏ @Space_Boy_Ben 6 Sep 2020
        Replying to @Aella_Girl

        I have ~zero savings and will likely never work again; going on nigh a decade now in terms of not working; had zero savings when I started.

        1 reply 0 retweets 2 likes
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      2. High in Seattle (PhD/DEng)‏ @high_in_seattle 6 Sep 2020
        Replying to @Aella_Girl

        90% of the people answering anything other than <700k don’t know how compound interest works, or are somehow UNcomfortable living on anything less than 10k/month. JFC.

        9 replies 0 retweets 11 likes
      3. Luca K. B. Masters‏ @lkbm 6 Sep 2020
        Replying to @high_in_seattle @Aella_Girl

        Standard calculation is 4% after inflation. $700k = $2,333 / mo. You only get the benefit of compound interest if you draw down less than the growth.

        1 reply 0 retweets 8 likes
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