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Cake day: February 21st, 2024

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  • Because the results of malpractice only kill, maim, or injure one person at a time.

    In aviation, however, the consequences are much more visible; so commercial pilots have regulated limits to flight duty.

    E: What I mean to say is I am not ok with this, but what happens is it’s easier for politicians to ignore. It should not be this way, and the current practice of ridiculous hours for the medical profession is properly fucked. Aviation has flight duty limits precisely because it has affected so many at once. In the industry they say that the regulations are “written in blood”.












  • 667@lemmy.radiotoComic Strips@lemmy.worldInner Peace [SMBC]
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    1 month ago

    Some quick math on what this looks like:

    Assume $70k median income, this means passive income would need to be $140k. In order to get $140k/yr one would need $4M to draw down at 3.5%/yr and meet that goal.

    To get to $4M, using the following assumptions: 20% savings rate (not accounting for inflation, raises, bonuses, etc) per year and a 10%ROR on the index funds would take a little more than 35y.

    It takes a substantial amount of discipline to do this. If one could make $70k/y starting the year they turn 18, it could be done by the time they’re 53.