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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)