Comments by "Henry TheGreatAmerican" (@henrythegreatamerican8136) on ""I’m 65 With $500k Saved for Retirement"" video.

  1. With that nest egg you should be "conservatively" earning about $4000 to $5000 a month in retirement.
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  2. You should be earning a minimum of $400 to $650 a "MONTH" in interest for every $100k saved. That translates to $2000 to $3250 per month if you have $500k saved. With all the senior discounts that come with rent, utilities, taxes and other things, you should have no problem with $500k saved for retirement. For most, $400k would be perfectly fine. If you don't mind working a part-time weekend only job, you could probably get by with $200k. And one last comment, none of this counted social security because it varies so much between individuals. If you add social security, you could theoretically reduce the amount needed to get by in retirement even more.
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  3. You are not going to be working until you die because the jobs won't be there. Have you kept up with the A.I. trends lately? In 20+ years, the world is going to be unrecognizable. It's time to stop thinking like a 20th century economist.
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  4. No worries if you are under 40. Universal Basic Income will be here to make your retirement more pleasurable than you ever dreamt possible!
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  5.  @cannotwest  If you knew where our money is really going right now, you'd have the answer. It will come from the same people who like to be called "job creators"
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