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To: T.B. Yoits
The Wuhan flu has changed our society. People learned to live without and found out they didn't need a lot of things.

Stick 2m in the bank, downsize and pay off your home. That's 4k a month you can take from your retirement account for 40+ years. Throw in a pension and S.s. you've got a 80-90k income be8ng retired. Why stay in the rat race??? Go do something you've always wanted. Buy a boat, go bother your kids and grand kids, spend a month in a cabin on top of a mountain in Tennessee!

12 posted on 12/24/2024 6:06:58 AM PST by Ikeon ( Why don't they, do what they say? Say what they mean? One thing leads to another. )
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To: Ikeon

That is spot on.


15 posted on 12/24/2024 6:19:51 AM PST by ClearCase_guy
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To: Ikeon
I suspect a lot of potential CEO candidates instead choose to manage their own finances, functioning as a corporation of one, and do better than they would working for a corporate board.

As we see at many levels, if you were capable of doing a job, why not do it for yourself?

17 posted on 12/24/2024 6:23:39 AM PST by T.B. Yoits
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To: Ikeon
For some that was the lesson, but the stimulus $ actually caused a ton of people to go wild on spending, hence why GDP is up quite a bit from pre-pandemic.

That said, what you said is the right way to do it - the rub is getting to $2M for most folks. Hard to do if you make less than $100K a year - not impossible by any stretch but hard and will take a long while.

29 posted on 12/24/2024 7:17:45 AM PST by rb22982
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