The making it number?

for me it's 2.2 million
1.5 million goes into a variety of index funds
650 k into a nice home
150 k for nice things(car, vacation, etc.)

i expect on average that i will get a return of 6% on those index funds. even though the average is 11% last 100 years, past performance is no indication for the future. with that 6% i can take out 36k per year(3k/month) to live on plus income taxes wich totals out for t=1 60k. every year i will increase my take out by 2.8% (inflation) and after 77 years(i'm hunderd by then) there will be 2.1 million still in the portfolio. but that will only be worth 350k in todays money.

for that 2.2 million i need a 70x from now and i have all the confidence that my coin will do this within 15 months

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>for that 2.2 million i need a 70x from now and i have all the confidence that my coin will do this within 15 months
With posts like this I know we are nowhere near the bottom yet

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You need to take Finance 101 asap.

alts are nowhere near the bottom, but unlike last bear market, we now have so many billions in these alts that when people like op capitulate they'll do so back into btc/eth, which will put a floor on how low the total market will end up going higher than people expect

5 million for the state for not paying taxes.

i literally mention paying taxes in my calculation

what did i do wrong faggot?

>1.5 million goes into a variety of index funds
>650 k into a nice home
>150 k for nice things(car, vacation, etc.)

No taxes.

my alt actually has outperformed btc massively the past year. and is already in a bull run last 6 months. stay mad btc/eth maximalists

taxes is 25k in my country if i cash that out into fiat. stay mad americuck

1%? And what country would that be?

0.75M to stop doing ANYTHING that I don't enjoy
1.5M in funds/precious metals to consider myself retired
350k for a nice home
As for OP
>i expect on average that i will get a return of 6% on those index funds
I guess you're from reddit, the Jow Forumsfi vtsax permabulls are fully retarded and your expectations are unreasonable.

netherlands its 0,7% on property(houses) and 1,4% on cash,stock,crypto,gold

If I make it:
1.5 million gbp
I'll just invest most into gold and rent a modest apartment until the economy and housing market crashes, then dump my gold and buy cheap houses to rent out and live off the passive income.

it has done 12% on average last 30 years how do you expect below 6%

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Verge has gone 70x throughout its 5-year existence, by your logic maybe you should sell your house and go all in.
Everyone should withdraw their 401ks and all in this shitcoin by your logic

why do you guys think gold/precious metal are good investments. it barely beats inflation on average last 30 years (3.7%).

the fact that such an incredibly large number of very dumb and irresponsible people believe (truly believe) that crypto is their ticket out of wage slave misery, is the number one indicator that it will NOT do what they are hoping it will

warren buffet nailed it when he called it rat poison squared

you are the rats, and crypto is your poison

tron did 130x in 4 months
0x did 52x in 5 months
neo did 1400x in 12 months

1 million
Using 30% to build a bunker
Living of the rest while working a comfy part time job

1 Million in germany > 1 million burgerland

Sauce on the cute girl?

Chuu asaki

This
OP is never gonna make it

I want to be able to do rich people things, like if i want to build a civilization it should get done asap.
so its in the trillion range

if i don't make it in crypto i will just have to wait untill my dad dies. he got 4 business in the car sector. combined worth is about 9 mil. also im doing a degree in a field (CS) that's paying pretty good.

I wonder which alt this is

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sounds like a good plan, but a $650k home is a bit rich. you can be comfy in something cheaper, and avoid big property taxes / maintenance costs

you are retarded if you think like a boomer who does not understand that the world we live in will change and be different from what it is today

5 million mah rigs. Just 70/30 ETFs and bonds. Live off the dividends/interest.

The more things change, the more they stay the same.

Vanguard high dividend ETF pays like 3.5%

$35,000 a year from $1m, plus equity increases over the long run

That's enough for me

>thinking 2 mil is enough to retire
If you’re in your 70’s then maybe yea. You could work and retire a little early if you put the 2 mil in good investments and don’t touch it. Maybe by like 50-55. If I had 2MM in the bank I’d work hard until 40-45 and make as much as I could. Then I’d find some cushy gig and cruise for 5-10 years and then call it a day.

Are you willing to live on such low income?

1,500,000 * 0.06 = 90,000
- 0.02 for inflation (30,000)
- 0.015 for long-term capital gains (22,500)
= $37,500

Your math is right, but try to aim for closer to $50,000-$100,000+ of income a year after all taxes and inflation if you want to have an interesting retirement. $37k/year won’t get you shit

I still plan on working

Municipal Marmalade

$600k for comfy neet life
$1.5MM for a family
don't need much so long as I don't have to work full time. not having children unless I can spend time with them and support them for life.

Minimum I want is $3 million with a paid off house. That amount will allow me to take modest vacations infrequently and be able to cut back if the market sucks. I prefer $5-6 million because I want the option to continuously global travel with my wife in style.

6% is super conservative for market returns. Historical average is 6.8% after inflation. The 4% rule with that money would be $60k/yr indexed to inflation.

Imagine having 2 million dollars and spending 30% of it on depreciating assets

500 million EURO

150k = 0.07 * 2.2 mil is 6%
you don't actually think a house is a depreciating asset?