On: Ask HN: Why are we addicted to getting rich?

[conwy]

Yep, I have the same goal. If/when I manage to get to $600k (~12k p/year assuming 2% yield) I'll take 3 months totally off work of any kind, just recuperating, then another 3 months to plan out the rest of my life.

[DrJones1098 → conwy]

Isn't inflation 3% a year?

[conwy → DrJones1098]

Don't depress me please :(

[sl8r000 → conwy]

I still think 2% cash yield is reasonable. Say 5% gross, 2% to inflation, and 1% (1/3 of the remainder) to taxes. Leaves 2% to spend.

[lorenzq → conwy]

Why would you only have 2% yield?