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by AllegedAlec 2370 days ago
If you can live on 4% interest, you can live off of it indefinitely.
1 comments
boring_twenties 2370 days ago
For sure. Not in SF though, or so I thought anyway
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AllegedAlec 2370 days ago
True, 1M in savings gives you ~40K per year to live off. This wouldn't be sufficient in SF, but given that you're basically retiring at that point, you might as well buy a home somewhere else and then you'd be able to live comfortable off of that.
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boring_twenties 2370 days ago
One has to assume they considered moving out of SF and decided not to.
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