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The Swarm Lounge
General Investing and Economics Discussion - No Politics
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<blockquote data-quote="Deleted member 2897" data-source="post: 811567"><p>Well to be clear, they have $8m from which to generate passive income. And their house is fully paid for, so their net worth is likely closer to $9 million including their home. All they need is government T-bills to cover their living expenses. There are also annual out of pocket limits on healthcare expenditures, by law. So I'm not sure what they're worried about. Its likely irrational paranoia, based on the fact they don't appear to waste money today.</p></blockquote><p></p>
[QUOTE="Deleted member 2897, post: 811567"] Well to be clear, they have $8m from which to generate passive income. And their house is fully paid for, so their net worth is likely closer to $9 million including their home. All they need is government T-bills to cover their living expenses. There are also annual out of pocket limits on healthcare expenditures, by law. So I'm not sure what they're worried about. Its likely irrational paranoia, based on the fact they don't appear to waste money today. [/QUOTE]
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