Retiring at 51 with only 3x minimum wage/SS and a fully paid off $500,000 house, savings, no restrictions on moving someplace cheap or doing work from home for benefits and spending money.

Comments

• angelsomething@lemmy.one ⁨1⁩ ⁨year⁩ ago

  To be fair, it sounds like they’re one medical emergency away from being homeless in America.

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  • mojo@lemm.ee ⁨1⁩ ⁨year⁩ ago

    What? Do you know what a deductible is?

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• javasux@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Why the fuck would you keep $400,000 in cash?

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  • kryptonianCodeMonkey@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Emergency fund, man. What if the air conditioner dies?

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    • JohnDClay@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

      You could actually eat through more than that with a nasty injury in the US.

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• FlyingSquid@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Must be nice to be rich.

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• glimse@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Why is this on aboringdystopia?

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  • Tarastie@lemmy.world ⁨1⁩ ⁨year⁩ ago

    [deleted]

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    • glimse@lemmy.world ⁨1⁩ ⁨year⁩ ago

      I don’t think people with that kind of wealth are the enemy, honestly. A million dollars ain’t shit anymore

      And if they’re asking how to survive, you cropped that part out of the screenshot

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• julianschmulian@lemmy.blahaj.zone ⁨1⁩ ⁨year⁩ ago

  what is even your point op?

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• henfredemars@infosec.pub ⁨1⁩ ⁨year⁩ ago

  My finances if I didn’t buy that coffee last week.

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• KairuByte@lemmy.dbzer0.com ⁨1⁩ ⁨year⁩ ago

  3x? Must not be Wisconsin. Max unemployment here is $370 a week, making 5k 13.5x unemployment.

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  • Pistcow@lemm.ee ⁨1⁩ ⁨year⁩ ago

    $1000/week in Washington state. Was nice for 6 months not having to worry. Too bad it took 13 months for me to get a job.

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    • KairuByte@lemmy.dbzer0.com ⁨1⁩ ⁨year⁩ ago

      Wisconsin is literally the worst state when it comes to unemployment. Id be dropping from near $7k a month to $1.5k. Without savings I’d be homeless in a matter of months.

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• xia@lemmy.sdf.org ⁨1⁩ ⁨year⁩ ago

  Seems like you could pay off your mortgage with a chunk of your savings and be better off. Assuming the APR of your debt is more than your savings.

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