• lepinkainen@lemmy.world
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    5 hours ago

    I have a friend who made it big young (well earned IMO, they started working at 15) and they have about 2M in investments.

    They make 4k/month after taxes just from the stock dividends every year.

    That’s well enough for a comfortable life over here, as their house and cars are paid for - and the money keeps growing in investments.

    • jaybone@lemmy.zip
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      4 hours ago

      I’m not quite at that level, but I’m getting there. My main concern would be health care. And that my house isn’t fully paid off. And with Trump manipulating the market, idk I get nervous. 2 million might work. But I know 1 million is for sure not enough, at least in the US.