• Pennomi@lemmy.world
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      11 months ago

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

      • mecfs@lemmy.world
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        11 months ago

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

        • Pennomi@lemmy.world
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          11 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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            11 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.