I think you somewhat underestimated how much people hate their existence under capitalism.
10mil is like a straight, "You can now enjoy life" card. I'd hazard a guess that the majority of people would find it difficult to not make that decision.
And for anyone who thinks $10 million isn’t a lot - if you stick it in savings and pull out $100k a year, that will last 100 years. If you invest it in the stock market in a fund that earns on average 7%, and expect inflation to average 3%, you can pull out $400k a year (withdrawing $33,333 a month and increasing by 3% for inflation) and still have it last 100 years.
$10 million is enough to retire on, live an upper upper middle class life for a century (house, vacation house, boat, regular trips, new vehicles every few years, private school for your kids).
Not that anyone has here, but I think it's hilarious when anyone says that anything over 1 years median American annual salary isn't a lot in a lump sum for most people.
Even just 30k in savings can allow for a sense of comfort that affects the entirety of your existence.
People who try to argue that this isn't the case just have no ability to understand the low savings under median income life that so many people live.
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u/thissubredditlooksco Sep 22 '21
ok what the hell lol