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$50k/year retired with low bills is better than working making $200k/year
$50k/year retired with low bills is better than working making $200k/year
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08-29-2023, 06:37 PM
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#1
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$50k/year retired with low bills is better than working making $200k/year
This is true.
Person making $200k maybe clears $120k.
They typically have to work at least 4-5 days a week, deal with coworkers, morning/5 o'clock traffic, thinking of work while not there, talking to coworkers, Sunday dread coming up tomorrow, etc, etc.
I would much rather be retired making $50k passively than to work 99.9% of jobs grossing $200k/year.
On $50k/year, it's possible that you net close to all of it and when your house/car/debt is paid off you have it on easy street
Person making $200k maybe clears $120k.
They typically have to work at least 4-5 days a week, deal with coworkers, morning/5 o'clock traffic, thinking of work while not there, talking to coworkers, Sunday dread coming up tomorrow, etc, etc.
I would much rather be retired making $50k passively than to work 99.9% of jobs grossing $200k/year.
On $50k/year, it's possible that you net close to all of it and when your house/car/debt is paid off you have it on easy street
08-29-2023, 06:38 PM
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#2
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