377
Stardew creator won't rush Haunted Chocolatier: "better to have a good delayed game than a bad game on time" (www.eurogamer.net)
submitted 5 months ago by nanoUFO@sh.itjust.works to c/games@sh.itjust.works
29 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[-] mipadaitu@lemmy.world 9 points 5 months ago

$1,000,000 depending on context, isn't enough to comfortably live on forever. Especially if you're talking about net worth, and not available cash.

Even if it was cash, invested properly, you could expect to have $30,000 annually safely, which is basically minimum wage or less in many cities.

It's life changing money for sure, but I don't think you could say that being a millionaire means you're wealthy, it just means that you have a lot of freedom in life choices.

[-] mnemonicmonkeys@sh.itjust.works 4 points 5 months ago

$1,000,000 depending on context, isn't enough to comfortably live on forever.

Not forever, but earning $1M over the span of a 2-3 years sets you up for a ton of success.

For comparison, engineers can expect to earn and average of $2.5-3.5M over the span of their careers in the US, depending on which type of engineer they are.

[-] NotMyOldRedditName@lemmy.world 1 points 5 months ago* (last edited 5 months ago)

There was some back testing around the 4% rule, and for a normal retirement 4% was okay and historically only failed a couple times if you started in a specific month of a specific year and changed nothing as things turned bad.

For a longer term early retirement, 3.5% never failed.

Obviously, past performance cannot guarantee future performance, but $35,000 a year would probably be fine from that mil.

And this is assuming a properly diversified portfolio

this post was submitted on 19 May 2024
377 points (98.2% liked)

Games

16670 readers
786 users here now

Video game news oriented community. No NanoUFO is not a bot :)

Posts.

  1. News oriented content (general reviews, previews or retrospectives allowed).
  2. Broad discussion posts (preferably not only about a specific game).
  3. No humor/memes etc..
  4. No affiliate links
  5. No advertising.
  6. No clickbait, editorialized, sensational titles. State the game in question in the title. No all caps.
  7. No self promotion.
  8. No duplicate posts, newer post will be deleted unless there is more discussion in one of the posts.
  9. No politics.

Comments.

  1. No personal attacks.
  2. Obey instance rules.
  3. No low effort comments(one or two words, emoji etc..)
  4. Please use spoiler tags for spoilers.

My goal is just to have a community where people can go and see what new game news is out for the day and comment on it.

Other communities:

Beehaw.org gaming

Lemmy.ml gaming

lemmy.ca pcgaming

founded 1 year ago
MODERATORS
nanoUFO@sh.itjust.works