FinTechExec

FinTech Exec who has spent 20 yrs working with the largest investment managers in the world. Interests - investing, financial education, sports & politics.

[FinTechExec @FinTechExec12]

@IndexAndForget @GuyTalksFinance Haha.... if need a 2nd job, you're in a low tax bracket.

[FinTechExec @FinTechExec12]

@SparkingFIRENC Serious question. When you said you could live on 700k, what did you mean?

If you mean now, and you have a family, no chance 700k is enough....

[FinTechExec @FinTechExec12]

@SparkingFIRENC Are we talking about now or when you retire?

When you retire 700k will be like 200k....

[FinTechExec @FinTechExec12]

@IndexAndForget @GuyTalksFinance Get a 2nd job

[FinTechExec @FinTechExec12]

@SparkingFIRENC So on a 700k portfolio so can safely get about 40k/year in income. Health insurance alone for a family is 25k.

[FinTechExec @FinTechExec12]

@DrJoelGator Best way to get Healthcare under control - Americans need to stop being lazy and obese. Start with that.

[FinTechExec @FinTechExec12]

@uncledoomer Yeah, its pretty lame. No wonder they are all miserable.

[FinTechExec @FinTechExec12]

@MarioNawfal That teacher is a loser.

[FinTechExec @FinTechExec12]

@MFT_Get_Funded Take it now

[FinTechExec @FinTechExec12]

@varrock More details.... you aren't paying 1700/mo for just you. If you are, get your head examined too.

[FinTechExec @FinTechExec12]

@stevewolf44 They need to win today. It's within their control. If they lose, no one to blame but themselves.

[FinTechExec @FinTechExec12]

@fraudulentfrog Huh? They definitely have choice.

[FinTechExec @FinTechExec12]

@TheREDevGUY Probably want at least a mil net worth and an income of $400k.

[FinTechExec @FinTechExec12]

@zachmelloh26 They are on the right track. As long as they are saving 10-15% and investing in index funds they'll be fine as long as their spending is reasonable.

[FinTechExec @FinTechExec12]

@GregProctor It comes down to the fact that many towns piss money away on things like extravagant schools, police stations etc... instead of building simple utilitarian things.

[FinTechExec @FinTechExec12]

@DividendRoots His income is what? He'll get 80% pension at 30 years correct?

[FinTechExec @FinTechExec12]

@SenSanders Please go away. You're an awful senator.

[FinTechExec @FinTechExec12]

@comradeKangaroo Imagine how hard things were 100 years ago. You have it easy...

[FinTechExec @FinTechExec12]

@KDH718795887741 @Reinita625 Nope. Try again.