my political platform:

  • electoral reform, particularly approval voting, score voting, STAR voting, and sortition/election-by-jury
  • efficient taxes: we should only tax negative externalities (robust carbon and tax on the pollution from cars including tire and brake dust) and land rents. no sales/VAT/income tax or anything of that nature.
  • UBI (to replace…

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here’s a formula you can type into a spreadsheet to see how long your money will last.

=NPER(4%,yearly_spending,-principal)

for instance, if you spend 100k a year, then a 2m$ principal lasts 41 years. so if you think you’ll live no more than 41 years longer, a 2m$ is all you need.

whereas if you use the standard 4% rule (aka 25x rule), then you need 2.5m$ to retire if you spend 100k.

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