[quote=Doooh][quote=AN][quote=CA renter]
Yes, you might think that 10X assets would let you retire, but when the Fed is destroying your purchasing power they way they are today, you’ll see how tenuous that feeling of security is. IMHO, this currency debasement is one of the most frightening aspects of our economy today.[/quote]
My requirement of retirement is to be able to live off the interest. So, as long as the currency debasement pair up w/ safe investments yielding at the rate of inflation, then I think I should be OK. Especially with a house and car paid off. The rest of the expenses are chump change.[/quote]
What would living off the interest look like if the house and cars were paid off?
$25k a year, $60k, $75K?[/quote]
Assuming inflation will increase everything by 300% in 20 years, all I need is ~60k to live comfortably and do some traveling. $100k and I’ll be living lavishly.
