On: The wealth of the 25 richest families in the world...

[shagymoe]

Given that 2 million is barely enough to retire on, does that mean you think everyone should work until they die?

[yowzadave → shagymoe]

We should have a welfare state that provides for people who are retired (just like we should for other non-workers, like children, the disabled, students, etc.).

[Guvante → shagymoe]

With a 4% burn rate 2 million is $80k a year plus social security.

I don't think that describes barely enough for the vast majority of people.

[shagymoe → Guvante]

When you’re always in danger of going broke from a medical condition or emergency, $80k isn’t enough to feel secure. The system is designed so it’s never enough but you can reduce risk with more.

[rowanG077 → shagymoe]

In most countries with such taxes you can retire and have the state pay you.

[muglug → shagymoe]

2 million is barely enough to retired on in a country without a social safety net. But one of the points of taxing people is to provide that safety net.