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pupeye

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Last Post: 10:48:58pm, 11/22/2019
Damn_Underscore posted...
Let's say you won $1 million in the lottery. You take out $50k for emergencies and live off a $50k salary every year.

So you have 19 years to live as a NEET until the money runs out, but if you invest the rest at just a 6% average return and taking out $50k every year you'll get back about $1.2 million after 19 years (source: https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php)

The better your average return the more you'll have after 19 years, then you can repeat with a bigger salary for yourself if you want.


you forgot to pay your taxes. you'll most likely see 60% of that money. so you get 50,000 for 12 years, which you probably cant live on, anyway, then back to work.


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