• Pennomi@lemmy.world
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    5 months ago

    You could set up a hundred malnourished families with retirement for that amount.

    • mecfs@lemmy.world
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      5 months ago

      A hundred? Disability benefits in the US is 8k per year and it is “survivable”.

      • Pennomi@lemmy.world
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        5 months ago

        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.

        • mecfs@lemmy.world
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          5 months ago

          That feeling when 40k per year is 5 times what you get.

          But in all seriousness I think that is a solid model.