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by fragmede
24 days ago
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Mitchell Hashimoto's got tres commas in his bank account and his own jet. He doesn't need to take commerical, or even first class. If we backsolve, say $10,000 is a once a month purchase, and $10,000 for a hotel and you stay a month. Say your other living expenses are $10,000/month, so we're shooting for spending $20,000/month. With the recommended shaving off 3% the nest egg, (20,000 * 12) / 3% gets us $8 million in the bank. So at $8 million in the bank, you could take a $10,000 plane trip, stay for a month, spend $10,000 on a hotel, take a $10,000 flight back. Still upper end of net worth, but nowhere near Mitchell Hashimoto territory. |
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