The Ideal Income And Net Worth For Maximum Happiness According To The Government
The Financial Samurai Podcast
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The Income Threshold for Student Loan Forgiveness
Most people will likely need between two to five million in invested capital to generate the ideal income of 100 thousand dollars in retirement. If you're happy spending 50 thousand a year per person in retirement, then all you need is one to two point five million. With the average social security payment of around 20 thousand a year, you actually may only need 200 to 500 thousand in invested capital for ten thousand dollars annually. So this is really doable for folks who've worked 20, 30, forty years.
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