jballs@sh.itjust.works to News@lemmy.worldEnglish · 4 months agoMusk plans to give $45 mln a month to new pro-Trump PAC, WSJ reportswww.reuters.comexternal-linkmessage-square20fedilinkarrow-up1165
arrow-up1165external-linkMusk plans to give $45 mln a month to new pro-Trump PAC, WSJ reportswww.reuters.comjballs@sh.itjust.works to News@lemmy.worldEnglish · 4 months agomessage-square20fedilink
minus-squarePennomi@lemmy.worldlinkfedilinkEnglisharrow-up35·4 months agoYou could set up a hundred malnourished families with retirement for that amount.
minus-squaremecfs@lemmy.worldlinkfedilinkarrow-up22·4 months agoA hundred? Disability benefits in the US is 8k per year and it is “survivable”.
minus-squarePennomi@lemmy.worldlinkfedilinkEnglisharrow-up17·edit-24 months agoSure, I guess I was thinking “quite comfortable and sustainable.” Let’s say a million dollars at a 4% fixed interest rate, allowing $40k per year to live off of. That’s quite reasonable in some areas of the country.
minus-squaremecfs@lemmy.worldlinkfedilinkarrow-up12·4 months agoThat feeling when 40k per year is 5 times what you get. But in all seriousness I think that is a solid model.
You could set up a hundred malnourished families with retirement for that amount.
A hundred? Disability benefits in the US is 8k per year and it is “survivable”.
Sure, I guess I was thinking “quite comfortable and sustainable.” Let’s say a million dollars at a 4% fixed interest rate, allowing $40k per year to live off of. That’s quite reasonable in some areas of the country.
That feeling when 40k per year is 5 times what you get.
But in all seriousness I think that is a solid model.
Per month.