ByteOnBikes@slrpnk.net to Fuck Cars@lemmy.worldEnglish · 2 months agoAs a bike rider, I forget this is a thing. Asked my neighbor, he pays $350/month in insurance alone 🙃slrpnk.netimagemessage-square216fedilinkarrow-up1658arrow-down143
arrow-up1615arrow-down1imageAs a bike rider, I forget this is a thing. Asked my neighbor, he pays $350/month in insurance alone 🙃slrpnk.netByteOnBikes@slrpnk.net to Fuck Cars@lemmy.worldEnglish · 2 months agomessage-square216fedilink
minus-squareStiffneckedppl@lemmy.worldlinkfedilinkEnglisharrow-up13·2 months ago6% is very conservative though. Even at 7%, which is a widely accepted inflation adjusted number, it’s over 2 mil.
minus-squaredeltapi@lemmy.worldlinkfedilinkEnglisharrow-up1·2 months agoThe other thing is that the monthly investment amount should increase when income does, which at minimum should match inflation.
6% is very conservative though. Even at 7%, which is a widely accepted inflation adjusted number, it’s over 2 mil.
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The other thing is that the monthly investment amount should increase when income does, which at minimum should match inflation.