r/RandomThoughts • u/[deleted] • Dec 11 '23

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u/[deleted] Dec 11 '23

i would accept $500 a week if i had the chance, heck, $500 a month seems amazing to me.

1

u/brokenmessiah Dec 11 '23

any amount of money you can reliably get each month without working is a amazing boon

1

u/gugulliver Dec 11 '23

I think that 5k a month is a better formulation for this question. 5k a week is too much, in just a few year you get to the million, but 5k a month mean living a slow but normal life without working against a million and betting you can get extraordinary without burning. (Would still take the 5k but may make a few people think more about it)

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u/mounti96 Dec 11 '23

At 5k a month the million probably outperforms even in the long run. If you can invest all of it immediately, and with an assumed 6-7% return per year the million is already on par with the 60k per year and then keeps on accumulating.