I would say if you have accumulated "Generational Wealth". That would be enough so if you set up a Trust Fund for each of your kids with "safe" investments with an annualized rate of return of ~5% above an average inflation rate of 3%, it would provide an income high enough to pay full tuition at Harvard + rent a comfortable off campus apt in Cambridge and pay premiums on a comprehensive medical insurance plan beyond the university plan, + vehicle and related expenses and enough walking around money so you could hang with all the rest of the Trust Fund babies at St. Andrews. In today's money, I'd put the capital requirement for each Trust Fund to be around $10-20M.
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- Class Warfare.
Started by RE May 04, 2025, 11:45 PM
Message path : / Doom Philosophy / Doom literacy / Class Warfare. #3
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