Comic Strips

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Comic Strips is a community for those who love comic stories.

The rules are simple:

The post can be a single image, an image gallery, or a link to a specific comic hosted on another site (the author's website, for instance).
The comic must be a complete story.
If it is an external link, it must be to a specific story, not to the root of the site.
You may post comics from others or your own.
If you are posting a comic of your own, a maximum of one per week is allowed (I know, your comics are great, but this rule helps avoid spam).
The comic can be in any language, but if it's not in English, OP must include an English translation in the post's 'body' field (note: you don't need to select a specific language when posting a comic).
Politeness.
Adult content is not allowed. This community aims to be fun for people of all ages.

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founded 1 year ago

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lawrence

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Digi Detox (lemmy.world)

submitted 1 year ago by wesleys_amature_hour to c/comicstrips

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[–] cbarrick 3 points 1 year ago

Fun fact: one million dollars is not enough to retire in many parts of the United States.

The classic retirement rule of thumb is the 4% rule: you should be able to spend 4% of your retirement savings per year. The idea is that safe investments can mostly make up for what you spend, and whatever they don't make up shouldn't be a problem in your lifetime. If you plan to retire early, maybe shoot for something a bit more conservative, like 3%.

So by the 4% rule, $1MM in retirement savings is like living on $40k per year. Which is moderately comfortable in some parts of the US and poverty in others.

Better shoot for $2MM.