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submitted 4 weeks ago by RmDebArc_5@sh.itjust.works to c/theonion@midwest.social

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[-] MNByChoice@midwest.social 3 points 4 weeks ago

At spending 4% per year, and assuming US Dollar, $10,000,000 would provide $400,000 per year to spend. Depending on inflation, may be a lot.

[-] thatKamGuy@sh.itjust.works 4 points 4 weeks ago

You need to also account for 40+ years of inflation to boot. $400K is a lot now. In the 2060s, probably not so much.

this post was submitted on 27 Nov 2024

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