Rmann (@Epi) on getquin

Rmann

@Epi

1Wk·

Short and sweet:

How much capital would be enough for you?

When do you have "enough"?

And to those who don't understand, can't or don't want to answer this question: What does that say about you? 😳

130 Comments

Gerit@Gerit

1Wk

Honestly, the first thought that came to my mind was: €20,000 in dividends per year.

Simply as "fun money" to go out to dinner with friends & family and not think too much about going on vacation.

Your standard of living should be covered by your job anyway and you should be able to go to work as happy as possible.

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Alfred E.@Papiertiger

1Wk

Studies show that from an income of 75k USD net (now with inflation ~100-110k net) no more means being happy. I think that if the capital yields at least 100k € per person p.a., then that's enough for me.

In other words, 300k for my family at 4% p.a. return after tax = 7.5 - 9 million and I would say I don't need more.

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Satoshi Nakamoto@DonkeyInvestor

1Wk

2 million in ETFs and 1 million in crypto

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Ben@deAes

Two years back, after selling my company, I hit an 8-figure cash event. Now, I’m sitting on a decent pile of cash and investing about 300-350k a month across various assets. I still work a bit with my old company and bring in an extra ~200k a year in net-dividends. Technically, I’m financially free—but here’s the kicker: it doesn’t feel as fulfilling as I thought it would.

Honestly, the whole idea of wealth when you’re working toward it is way more exciting than the reality once you’re there. So my advice? Don’t rush. Enjoy the path toward your goals, because those moments are probably the most rewarding part.

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Emco@Bizzle

1Wk

Think so that everything runs smoothly 300-400k, so only in the depot

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DerDanner@Therapeut

1Wk

At the moment, €100,000 in the portfolio is enough and I still have around 40 years until I retire. Dividend distributions of €40,000 a year would also be great.

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TaxesAreTheft@TaxesAreTheft

1Wk

Actually, it's never enough, I would always keep on compoding and would pass this on to my offspring. But a big milestone is the €50000 in annual dividends. That would be the point at which I think I've "made it".

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Alfred E.@Papiertiger

1Wk

It's funny how "relatively" small the sums are here and how little is piled up, probably typical German style.

If you ask Americans, Chinese or Australians, I'll bet you an ice cream that they'd all rather say 5-10 million capital, so that you only have to work to fulfill your dreams/fun, because they all know/get equity pensions.

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DieEnte7@DieEnte7

1Wk

Sounds strange, but I've never thought about it. Not necessarily because I always want more and more, but rather because I don't see the point in turning my life upside down when my assets exceed a certain limit. So for me, there is no deposit threshold beyond which I would suddenly change my behavior, not even in terms of my savings rate. I think for me it's more a question of age, regardless of how much I have saved. So I would answer the question with "When I'm 70, I think I want to sit back and live off my savings and do whatever I feel like doing, regardless of whether I have 2 million or 100,000 at my disposal". What I definitely want to have achieved by then is to have bought a nice detached house and paid it off in full.

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Marvin@SchlaubiSchlumpf

1Wk

Then when I could quit my job. Since I probably won't do it right away, I'll have a spending problem. The best of the problems

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