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submitted 3 months ago by TheImpressiveX@lemmy.ml to c/asklemmy@lemmy.ml
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[-] DeltaTangoLima@reddrefuge.com 2 points 3 months ago

Here in Australia, it's costing our family of five about $100k a year to live, excluding our mortgage. 4% return ($80K) is conservatively realistic here (for low risk investment), and still isn't enough.

Like I said, while it would've set me up with a house and no debt, I'd still have to work to pay for the cost of living.

this post was submitted on 26 Aug 2024
70 points (96.1% liked)

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