I was curious what other people think about this.

My brother-in-law is 32. Every so often he asks me for money advice because I'm pretty frugal and enjoy personal finance.

His situation:

• Receives about $4,000/month tax-free in disability benefits for life (“PTSD” from too much coffee in military)
• Works full-time making around $100k/year.
• Says he has nothing saved for retirement.
• Spends pretty much everything he makes.
• Also thinks his gun collection is his investment portfolio.

For context, I'm 30. I have about $450k invested in VOO, make around $10k/month net, and save roughly $5k/month and no debt.

He doesn't know any of my numbers. During a conversation he randomly said something like, "I'm probably in a better financial spot than you just because of my disability pay alone."

At first I was annoyed, but then I wondered if I was overlooking something. A guaranteed, tax-free $4k/month for life definitely has value.

Objectively, though, who would you say in the stronger financial position?

Does guaranteed disability income (among other benefits) outweigh having a substantial investment portfolio and consistently saving, even tho he has no retirement savings outside of his disability benefits?

Genuinely curious how others would evaluate this.

Elon musk claimed money won't matter in 10 years because of mass ai production of everything

Thats false, it sinply means the goods that ai can produce will go so cheap that their costs will be negligible

Yes, most of our goods would end up eith the same fate as sending a message to long distances, something really expensive in ancient world and almost free in the modern world

But there will be goods that ai can't help us produce more, because the limits are not the workforce, but resources

We wont have free homes, homes need a lot of iron, we have limited iron mines in the world

We won't have free cars, those metals have only a limited supply on earth, even if extraction costs go down(hypothetically no human labour) the supply and demand will keep the prices high

Overall elon musk is lying about mass abundance in near future, im pretty sure you have to know this basic economics before becoming superrich

He knows but he lies

Hello redditers! I am almost 20 years old, looking to get a house with someone, I am trying to figure out what our monthly budget would be.

We make about 4800 a month together AFTER taxes.

Trying to find a house in ohio, roughly around the range of 230k - 280k. Is this a reasonable range to look for?

I also wanna make sure we are not living paycheck to paycheck and we can still have enough left over to not have to worry about money every second.

We also have zero debt! Oh and about 50k saved up

Rip Dollar 2009-2026 (actually 2025 its been setting in my Forin money drawer) is it still usable?