this post was submitted on 31 Mar 2025
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European Federalists

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[โ€“] [email protected] 2 points 3 months ago (1 children)

For a lifetime? Sure. In what fucking planet is his "income" enough for a lifetime?

Firstly, if you sell assets, it's not fucking income.

Secondly, the amount of money you made more than the average person doesn't count for shit. if you make 1000x more than the average Zimbabwean does, that wouldn't be enough for a lifetime. Of the 30% of Zimbabwes employed workforce, they make 250 dollars a month. Do the math on the average income per person (16,000,000)in Zimbabwe, that's around 75usd per person per month. That's 900 USD per annum, and 900k if you made 1000 times more than them. Now, show me where 900k is enough for a lifetime? No, 1 better, show me where 900k, after the sale of assets, that you had to buy with money at some stage, is enough for a lifetime.

This is some tiktok accounting for sure. You should get a job at DOGE. Because they all claim to be good with numbers, and then make shit up like this. How the FAQ do you budget at home?

[โ€“] [email protected] 1 points 3 months ago

The FIRE movement has done these calculations forever. Investment returns will surpass money spent with a safe withdrawal rate.