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by smileysteve 2684 days ago
~$100k/year if returns are based on 10%. Aka, what some people use for expected S&P returns to beat
3 comments

I have 80%+ in short term US treasuries and CDs (the rest in some stocks that I've held for a long time). I have no interest in the upside of the stock market right now. I'm already doing something speculative myself.
If you're working out a budget to allow you to quit your day job you'd better have all of the numbers in post-tax dollars or you're gonna have a bad time.
We're taking about a pre-tax salary at 500k. Capital gains means no payroll taxes and discounted long term taxes too.

And 80k is still well over the average household income

That's mostly capital gains. He won't earn that in steady dividends to live off of.
These are fungible. (We're already averaging out volatility)