Number too low. Unfortunately it’s pretty difficult to start something like a worker owned low income housing collective or even something like a car repair shop with just a measly million. Small business would grind to a halt and big business would eat everyone’s lunch.
We can no longer retire comfortably with a lousy $1M. After you pay taxes on your return and subtract inflation, you’re hovering around most state’s minimum wage.
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Number too low. Unfortunately it’s pretty difficult to start something like a worker owned low income housing collective or even something like a car repair shop with just a measly million. Small business would grind to a halt and big business would eat everyone’s lunch.
Anyone who thinks a million dollars is a large number shouldn’t be participating in economic discussions. :)
We can no longer retire comfortably with a lousy $1M. After you pay taxes on your return and subtract inflation, you’re hovering around most state’s minimum wage.