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Saturday, 6 April 2019
quote [ A Latte a Day Isn’t Going to Ruin Your Retirement If spending $5 a day on fancy coffee puts your retirement at risk, you’ve got bigger problems. ]
I'm convinced. I need to buy a latte.
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dolemite said @ 2:40pm GMT on 6th April
All of those parts. You made more practical sense in 6 words (350K is nothing to sneeze at) than the article did in several paragraphs of bluster.
Not buying a latte every day is such a trivially easy way to have an extra 350K when you really need it. At even 5%, the typical dividend earning for Canadian charter bank stocks right now for example, 350k would yield an extra $1458 per month without no reduction of your principle. I say "extra" because I don't think the original article (which this article targets) ever proposed that a latte boycott could be one's sole retirement strategy.
And we still haven't discussed what our eventual retiree could do instead with the time that they're no longer wasting waiting in line at Starbucks for a factory-made syrup drink whose chemical makeup is decided entirely by cost and operational logistics.
dolemite said @ 2:48pm GMT on 6th April
All of those parts. You made more practical sense in 6 words (350K is nothing to sneeze at) than the article did in several paragraphs of bluster.
Not buying a latte every day is such a trivially easy way to have an extra 350K when you really need it. At even 5%, the typical dividend earning for Canadian charter bank stocks right now for example, 350k would yield an extra $1458 per month with no reduction of your principle. I say "extra" because I don't think the original article (which this article targets) ever proposed that a latte boycott could be one's sole retirement strategy.
And we still haven't discussed what our eventual retiree could do instead with the time that they're no longer wasting waiting in line at Starbucks for a factory-made syrup drink whose chemical makeup is decided entirely by cost and operational logistics.
<-- Entry / Current Comment
dolemite said @ 2:40pm GMT on 6th April
All of those parts. You made more practical sense in 6 words (350K is nothing to sneeze at) than the article did in several paragraphs of bluster.
Not buying a latte every day is such a trivially easy way to have an extra 350K when you really need it. At even 5%, the typical dividend earning for Canadian charter bank stocks right now for example, 350k would yield an extra $1458 per month with no reduction of your principle. I say "extra" because I don't think the original article (which this article targets) ever proposed that a latte boycott could be one's sole retirement strategy.
And we still haven't discussed what our eventual retiree could do instead with the time that they're no longer wasting waiting in line at Starbucks for a factory-made syrup drink whose chemical makeup is decided entirely by cost and operational logistics.
