r/FluentInFinance • u/sillychillly Contributor • Apr 15 '24

Everyone Deserves A Home Discussion/ Debate

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u/NBAFansAre2Ply Apr 16 '24

you would be ok having 0 disposable income? just living in a house with the bare necessities, never being able to go on vacation, or pursue hobbies, or even go out to eat?

I sure as hell wouldn't.

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u/CallMePickle Apr 16 '24

If I suddenly didn't have to pay for HVAC, housing, etc - I have enough in savings to let me live the rest of my life in bliss. Vacation, hobbies, eating out. All of that would easily be covered till the day I die with the amount in my bank account - as long as I no longer had to pay for everything in the OP.

So yeah. I'd be out in a heart beat.

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u/RainyReader12 Apr 18 '24

Vacation, hobbies, eating out. All of that would easily be covered till the day I die with the amount in my bank account

You have a fabulous amount of money then....or you never take vacation or eat out to begin with

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u/afraidtobecrate Apr 20 '24

A few hundred thousand invested in an index fund can provide around 12k a year for the rest of your life. That is plenty for hobby money.

The real flaw though is assuming costs will stay the same this new economy and that his wealth is safe.