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I spoke the other day about rich people whingeing that they don’t have enough to retire in luxury. In today’s news there is a 67 year old man who hates his job and wants to retire. However the poor thing only has $700K saved up. This only gives him $28K a year in interest. sadness Poor old dear still hasn’t paid off his mortgage so how will he manage on that?

How the other half live.

    • Blockocheese [any]@hexbear.netEnglish
      4·
      8 days ago

      You should have one if you can get one.

      Also consider using a CD ladder if you have savings youre okay with not accessing for a while (if the rates are better than a high yield saving account)

    • RION [she/her]@hexbear.netEnglish
      3·
      8 days ago

      Yeah Capital One has been pretty good for me as far as banks/CC issuers go. Granted my only experience is them, BofA, and US Bank, and those two aren’t exactly stunners for most people…