Comment on How much money should one person realistically make or have?
jjjalljs@ttrpg.network 3 days ago
No one needs more than $5 million. That’s enough for a conservative investment portfolio to give you a mid six figure income without doing any labor. Watch TV all day and eat chips, still net six figures.
Maybe then no one can afford mega mansions and mega yachts, but I’m okay with that. We don’t need that much concentration of wealth.
douglasg14b@lemmy.world 3 days ago
I mean, maybe I want to go after a passion project and not waste away on someone else’s dream of what having money looks like?
$5mill ain’t gonna start & fund an engineering focused company if that’s my retirement savings.
jjjalljs@ttrpg.network 3 days ago
I’ve read your post a dozen times and I’m confused.
Are you at the $5 million cap in this scenario? You’re certainly not going to waste away with $500k/year coming in, labor free.
Or are you closer to median income of like $80k, and thus have no funds for a big passion project?
Either way, you can always pool resources and form an organization of some sort. We don’t really want a ton of power collected in individuals. Especially not if the only reason they have that power is because they had money.