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by antisthenes
967 days ago
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How many people can actually pay $2000/month just from their index fund returns without drawing on the principal? Even if you assume 4% real return (beating inflation), you'd need to have at least 600k worth of index funds, and you won't be growing it. Even for HN users, that's a lot of money. This strategy will never work for more than 1-2% of the population. |
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