Anonymous #1 14w

nope! you do not need 1 million dollars to survive

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Anonymous #2 14w

A guy works his whole life at a good job for decades and finally scrapes together a few million by retirement (which is kinda nothing these days tbh) and anonymous Yik Yaak user #23546382 has a problem with it🥺🥺🥺

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Anonymous OP 14w

The average person makes almost 3 million dollars in their lifespan.

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Anonymous #1 14w

This is taking the average US pay ($66,000) and multiplying it by the average length of employment before retirement (42 years)

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Anonymous #2 14w

If you’d have said Billion with a B then yes, but saying there’s no ethical way to make a billion dollars is one of the most braindead things I’ve ever heard

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Anonymous #1 14w

Yes thats true no one needs that at one time

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Anonymous #2 14w

You dont need that much money at one time

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Anonymous OP 14w

A couple million dollars in your bank account is literally the very beginning of being truly comfortable salary wise in America if you’re living by your means. Is your point that everyone should be poor and living paycheck to paycheck or…..?

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Anonymous OP 14w

A millionaire is somebody with a net worth of $1,000,000 not one million dollars readily available to spend. The only people that have millions of dollars to expend are billionaires.

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Anonymous OP 14w

You have a fundamentally flawed view on the value of the US dollar and the capitalistic system currently in place. In the nicest way possible, please educate yourself because you really do sound dumb in this post

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Anonymous #1 14w

Yea i know. You dont need that much in assets

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Anonymous OP 14w

I mean if that person is retiring and it’s in their 401k that’s a pretty good amount it’s all about allocation per paycheck

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Anonymous #4 14w

He’s literally a good fella

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Anonymous OP 14w

The average US home price is just under $400k. If a retired couple has the entire rest of their net worth in stocks, ($600k) they could safely draw out 4% every year without depleting their investments. That would give them an annual income of $24,000

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Anonymous OP 14w

There are some houses that cost $1m in cities.

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Anonymous #1 14w

Owning a house is not something that is necessary

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Anonymous OP 14w

According to Zillow average rent is ~$2,000 month or $24,000 annually. If they had $1 million in stocks alone, they would be able to live off of $40,000 a year. After rent they would have $16,000 left over so this couple is likely worse off than the one that owned a house.

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Anonymous #5 14w

the entire thing was a troll

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Anonymous OP 14w

You can’t just be saying that when you got proven wrong. Classic cop out😭😭

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