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Results 1 to 10 of 10
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Today, 10:09 AM #1Registered User
- Join Date: May 2021
- Age: 51
- Posts: 90
- Rep Power: 167
How much in the bank before you quit job
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Today, 10:10 AM #2Registered User
- Join Date: Apr 2021
- Age: 51
- Posts: 518
- Rep Power: 1525
$3m as a single man
$5m with a wife and 2 kids.
Depends on your age too though.Neg crypto threads on sight
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Today, 10:10 AM #3Registered User
- Join Date: Jul 2018
- Age: 51
- Posts: 7,798
- Rep Power: 28865
$3 million is more than enough for me and realistic. $2 million is doable.
I'm not financially savvy, but $3 million should bring in something like $80k/yr if you invest right. With the house paid off and cheap property tax, your living expenses wouldn't be no more than $1500/month. Would also get a part time gig working 24hours/week
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Today, 10:12 AM #4👽👽👽👽👽👽
- Join Date: Aug 2003
- Location: United States
- Posts: 38,160
- Rep Power: 456464
People keep money in banks?Originally Posted by Finiteo
🎄Mods changed my sig. ™Copyright ©2003 - 2005- 2017. All Rights Reserved. Uncle penis™ is a registered trademark of MinisterOfLust.
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Today, 10:12 AM #5Registered User
- Join Date: Dec 2011
- Age: 29
- Posts: 2,039
- Rep Power: 10728
You should have the next job before quitting the first.
It shouldnt really matter how much money you have saved unless youre switching industries and know youll be taking a pay cut at the start.Always pick 6 crew
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Today, 10:12 AM #6Registered User
- Join Date: Mar 2019
- Age: 51
- Posts: 5,579
- Rep Power: 66102
Bout 350
Rep SoapKing on sight crew.
Semi tradie crew
lol@tradies crew
Certified HTC
Part time Squishy
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Today, 10:15 AM #7Registered User
- Join Date: Apr 2021
- Age: 51
- Posts: 618
- Rep Power: 2341
If you want to substitute a working income, it's less about how much cash you have and more about the assets you own. That's why companies and government jobs provide retirement plans that involve investment in financial products.
This includes investment in things like mutual funds, rental properties, stocks, and bonds. If it's just cash that isn't generating any additional income, then you need enough to sustain your needs. That really depends on your expenses and lifestyle.Beans, cleans, gasoline
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Today, 10:15 AM #8Registered User
- Join Date: Apr 2012
- Location: Alberta, Canada
- Age: 36
- Posts: 14,853
- Rep Power: 86216
$50million (srs)
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Today, 10:18 AM #9Registered User
- Join Date: Apr 2021
- Age: 51
- Posts: 618
- Rep Power: 2341
There are people like the hermit monks of the Chinese Zhongnan Mountains that live on zero money, the ones that use money can get by with less than 10 dollars a month.
How much money you "need" really depends on your lifestyle and choices.
It's easier to need less money than it is to sustain an excessive lifestyle, this is the value of simple living.Beans, cleans, gasoline
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Today, 10:20 AM #10Registered User
- Join Date: May 2021
- Age: 51
- Posts: 90
- Rep Power: 167
Is that taking into account social security?Originally Posted by MikeLowrrrey
It sounds like Im in the clear already
Switching industries from wagecel to CEO 10K/dayOriginally Posted by RJLXA
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