ByteOnBikes@slrpnk.net to Fuck Cars@lemmy.worldEnglish · 10 days agoAs a bike rider, I forget this is a thing. Asked my neighbor, he pays $350/month in insurance alone 🙃slrpnk.netimagemessage-square228fedilinkarrow-up1651arrow-down145
arrow-up1606arrow-down1imageAs a bike rider, I forget this is a thing. Asked my neighbor, he pays $350/month in insurance alone 🙃slrpnk.netByteOnBikes@slrpnk.net to Fuck Cars@lemmy.worldEnglish · 10 days agomessage-square228fedilink
minus-squareStiffneckedppl@lemmy.worldlinkfedilinkEnglisharrow-up13·10 days ago6% is very conservative though. Even at 7%, which is a widely accepted inflation adjusted number, it’s over 2 mil.
minus-squaredeltapi@lemmy.worldlinkfedilinkEnglisharrow-up1·10 days agoThe other thing is that the monthly investment amount should increase when income does, which at minimum should match inflation.
6% is very conservative though. Even at 7%, which is a widely accepted inflation adjusted number, it’s over 2 mil.
The other thing is that the monthly investment amount should increase when income does, which at minimum should match inflation.