300 million per week
I don’t have a solid answer.
Money alone isn’t going to make me happy. Yeah, it removes a lot of one type of stress. But it can also be a trap. Like, I’m doing solidly okay in my job, but it’s enough that I can’t easily quit and start over in a different career, even though I stopped caring about this one a decade ago. And a high-paying job can come with a lot of other stressors, things that keep you working harder and longer hours than you otherwise would.
$100k would probably seem pretty good for a long time, given where I currently live. If I had to live in NYC, I’d probably say more like $500k.
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$69420
No but seriously, about $70k would make me feel a lot better.
You’ll make that easily on the west coast of the US. We have a lot of aerospace and green energy companies, startups and behemoths in the mix.
But… Rent is quite high.
I applied for several West Coast positions and was not even interviewed for them. I applied for literally over 300 positions in my field all over the country and got no offers, so at least for the near future, I have to conclude I’m unhirable. Most companies I applied to do not offer relocation assistance, so even if I was hirable then they would pick a West Coast local instead.
Hmm… Sounds like a “you gotta know someone” kind of thing. Are there any networking or trade events that could help? When was the last time you looked for an event?
I went to the college career fair twice last year as well as a co-op fair, and I’m going to the career fair again in February.
(sorry for the story)
I think I’m okay. So far I guess. I’m in my first job after grad school and am almost there a year. I was hired at 58,000 but they did an adjustment because retention was so poor and now I make 69,000.
When I was younger I always thought 70k would be the number I would be totally fine with but adjusted for inflation 70k then was a lot more than now.
I had been making about 10k a year before now working fast food while in school. It was a weird feeling for me because I was so happy to pretty much meet my “goal”. I thought I would feel so rich after that jump. I have no lifestyle inflation because I live in the same place and drive the same shitty 500 dollar car I have for years.
But for some reason I feel just as poor as I always felt and it feels like nothing changed and it’s not going as far as I thought it would. I thought it would be life changing. And it is I suppose but not like I thought.
I feel bad complaining when it’s a privilege and many people make worse. Even I made less until recently. The entire system is just fucked and I feel bad for anyone who makes less than me because I still feel pressure and I don’t even really have anything.
Sorry if this makes me sound like a piece of shit I’m not trying to come off this way
(sorry for the story)
All good; I’m usually on your side of this interaction.
But for some reason I feel just as poor as I always felt and it feels like nothing changed and it’s not going as far as I thought it would.
I mean I made 15k a year doing fast food before I went back to school, and even that was hugely important for me to get my mental health in order. I can’t go back now though; too much has changed, and I need to focus on grad school.
I feel bad complaining when it’s a privilege and many people make worse.
Don’t. It sucks that we have to work at all. You always have a right to vent and be an emotional human no matter how safe your situation actually is relative to others.
A question like this could be an intro to a shady MLM pitch. Break the ice, get the conversation going and gain a sense of the range of numbers to make up for earnings examples.
Universal basic income and universal healthcare so I (and everybody else) don’t have to worry about a job, being able to work, retirement, disability, and employers will have to offer meaning, increased quality of life, and actual respect to attract employees.
These social safety nets would be a huge win for worker’s rights too. If you can tell a job to go fuck itself on the spot, they can’t operate without treating people right.
Enough to cover my living expenses, working expenses, retirement fund, savings, etc. at about 8-12 hours of work/week.
For varying levels of retirement and savings, this is what non-agricultural humans have done for most of the history of our species.
Time travel has truly revolutionized our understanding of pre-civilized human culture.
If only there was some way to leave traces and/or study left traces. Would definitely cut down on all the time travel pollution
Enough that I didn’t have to worry about not being able to pay rent and bills.
No amount will make me happy.
Once your basic needs are met, the equation becomes: Salary = Expenses + Savings. So, the questions becomes, how much savings makes you happy?
If you are happy to work in your job until “retirement age”, a small savings rate will do, in theory; that is if the salary is adjusted for cost-of-living and tax.
Are you happy working this job for the rest of your life? Full time (whatever that means in your work culture)?
Yes, I’m lucky enough to have a good salary, but I can tell people there is no top limit. Once you have your needs met then you’re exactly right, it’s about retirement planning and savings, and there could always be more. The fact is that the only true money amount that will make someone happy is the amount that allows them not to work anymore
The more money I make the sooner I can stop working.
So bigger salary = bigger happy. Always. There’s no number that is “enough”.
I enjoy my job, so working 20 more years isn’t that onerous.
But I’d rather retire tomorrow than work for anyone else.
Honestly? If I won the lottery today I would still work. I really really enjoy my work. It keeps me focused and motivated. My problem is having my livelyhood tied to the wims of a chaotic prideful coke filled VC
That’s fair, and also true for me.
I enjoy laboring. I do not enjoy working for others.
I’ve got endless amounts of side projects that I never have enough mental energy for because the job saps it all.
When I got laid off last year I had about a month between jobs where I got to just do whatever I wanted. After about a week of decompressing I started working 5ish hours a day on side projects, because I wanted something that was more mentally stimulating.
There’s no number that is “enough”.
A quadrillion dollars per minute ought to be enough for anybody.
See that means I would instantly retire, so I wouldn’t be working.
You would work until you got your first paycheck. If it were a job that paid you under the table you could theoretically work a single shift. Best job ever.
Putting that much money into circulation would cause hyperinflation and then a gallon of milk would cost 10 quintillion dollars and you’re back to square one.
>Putting that much money into circulation would cause hyperinflation
so dont circulate it.
10,000,000 per year. I could stop working after 1 year and live off the interest and never have to worry about money again.
Ten million of what currency?
USD. I am using the 4% rule that states you can withdraw 4% of you investments annually and never run out of money. This assumes an average 7% market return and has a buffer for inflation and fluctuations. 400k per year is about double of what my wife and I make, so it woild allow us to have a cushy lifestyle.
Even a million would be enough for me there. That would give me average yearly income of 70k. That would maintain my current level of living and I’d probably just keep getting wealthier still.
70k of what currency?
Any currency that you’ve invested a million worth of
UBI paid for by liquidating billionaires
Take 1 trillion dollars from the billionaires in total, now distribute 1K to each person each month? Sounds great but you run out of money in only 3 months. Then what?
Sounds great but you run out of money in only 3 months. Then what?
We won’t because billonairs don’t hold the knowledge to run factories, they just monopolize infrastructure and collect a toll. We won’t run out of money because the production is still there.
Then maybe our source of money should be that production, and not the personal wealth of billionaires?
Like, if you make a car that runs on diesel, and there’s a gallon of diesel in the world, you’ve made a car with 1 gallon of fuel.
If you make UBI that runs on the contents of billionaires’ bank accounts, and there’s three months’ worth of money in those bank accounts, you’ve made UBI that works for three months.
Enjoy the fruits of liberated market. /s Honestly though you assume that the only value of liquidating assets from billionaires is getting their dollar amounts moved from on bank to another. There is a reasonable assumption that freeing up that capital to be enthusiastically invested or utilized to meet demands would provide more economic growth than it sitting in large hoards being spent in most risk adverse ways or in near total whimsy.
There is also a reasonable assumption that taking away people’s money would result in a decreased expected value from future money, leading to a decrease in the motivation to produce that we currently enjoy.
Let’s say a person goes from having nothing to having $1M in the bank. How does a person do that? Well, in a free market they do that by providing $1M worth of value to other people.
Should that person, who we know is capable of providing serious value, go on to try to have two million? It would be good for our society if they did, so we’d better hope they do.
But if our history includes a day when all the billionaires had everything taken from them, this means that they now have to ask themselves if there’s any danger of going over the threshold, become “evil” in the eye of society, and stripped of their rights.
Suddenly being rich is quite dangerous. It alters the incentives. Assuming a very straightforward connection between potential reward and motivation, it could be very bad for the economy to liquidate the richest people’s accounts.
It’s a fairly ahistorical assumption that wealth accumulattion is done mostly through wealth creation. Anticompetitive practices, rent seeking, and maximize value extraction are all common practices for incumbent market leaders.
You basically create precedent to give away excessive wealth in order to influence it’s effects on the world instead of reinvesting it purely in mechasms of control of wealth.
the logistics of this are a little iffy. People don’t really melt, they burn
Heat is not the only means of liquidation. If you apply sufficient pressure, they will indeed melt.
They don’t need to be melted, they can be forced through a fine mesh instead.
We need to utilize the expertise of the hydraulic press channel for this task. Spaghettifying billionaires sounds very therapeutic.
You really can justify just about anything when you’re one of the good guys
They will be the luckiest of all.
Like that one Pink Floyd music video
UBI paid for by
liquidatingliquifying billionaires
I could make what I have now if I just had a single family home with an acre for my kids to live in when I’m dead. That’s it.
Yes
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You really think you would be much happier?
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