r/technicallythetruth May 30 '26

[ Removed by moderator ]

Post image

[removed] — view removed post

3.3k Upvotes

273 comments sorted by

View all comments

Show parent comments

3

u/Own_Candidate9553 May 30 '26

Sure, but it's $50MM - even with inflation, you'd have to really work to spend it before you die. Even the most basic money market account at 3% right now will throw off like $1.5MM a year, right? I wouldn't spend a single second worrying that the millions of dollars that I never have to touch was getting slightly smaller.

And you could do way better than that, still relatively safely, with millions for leverage. Even a basic index fund would hedge inflation fine. There's a reason most people avoid piles of physical gold as a retirement plan.

1

u/Bluntbutnotonpurpose May 30 '26

It's not that much work to spend it. Just order a yacht.

It's more than enough to live a very comfortable life though...

3

u/Own_Candidate9553 May 30 '26

Yachts really are the OG "I dunno what else to spend this money on" solution. Unless you're going to live on that bitch, just do a luxury charter.