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[-] elucubra@sopuli.xyz 21 points 3 days ago* (last edited 3 days ago)

I train guide dog puppies. From the moment they start training they are legally guide dogs. When they are with me, I'm considered legally blind. In this country, denying entrance into a public/commercial space carries a minimum 6.000€ fine. Judges can go up 5 figures.

[-] wavebeam@lemmy.world 4 points 2 days ago

5 figures is not “set for life” money like everyone seems to be suggesting

[-] Sludgeyy@lemmy.world 1 points 2 days ago

"Allow her to retire comfortably"

The debatable part is if they meant immediately retire. Which 5 figures will not let you do. But will it allow her to retire eventually comfortably?

10 year US bond is 4.2%

Let's say she is 30.

Retirement age is 67. So 37 years until retirement.

6,000€ ×5 is ~$35,000

$35,000 at 4.2% interest for 37 years is $160,388.66 (This isn't taking into consideration reinvesting the 4.2% interest after 10 years, but also ignoring things like taxes)

But getting $160k when you retire would allow a lot of people to retire comfortably.

[-] rumba@lemmy.zip 2 points 2 days ago
[-] ptu@sopuli.xyz 2 points 2 days ago* (last edited 2 days ago)

Inflation will eat a good chunk of that

[-] SaveTheTuaHawk@lemmy.ca 1 points 2 days ago

getting $160k when you retire would allow a lot of people to retire comfortably.

you expect to live 20 more years on $160K?

[-] Sludgeyy@lemmy.world 1 points 2 days ago

160k extra. You have what you're going to normally retire with plus this 160k.

[-] wesdym@mastodon.social 1 points 2 days ago

@wavebeam Are people actually suggesting that?

[-] kurwa@lemmy.world 1 points 2 days ago

Is that retirement money? Because that's what was stated above.

[-] Sludgeyy@lemmy.world 1 points 2 days ago

"Allow her to retire comfortably" is what was stated above.

The debatable part is if they meant immediately retire. If she saves it for retirement then it is "retirement money"

But will it allow her to retire eventually comfortably?

10 year US bond is 4.2%

Let's say she is 30.

Retirement age is 67. So 37 years until retirement.

6,000€ ×5 is ~$35,000

$35,000 at 4.2% interest for 37 years is $160,388.66 (This isn't taking into consideration reinvesting the 4.2% interest after 10 years, but also ignoring things like taxes)

But getting $160k when you retire would allow a lot of people to retire comfortably.

[-] wavebeam@lemmy.world 2 points 2 days ago

That’s like 4 years of income at a poverty level…

[-] Sludgeyy@lemmy.world 1 points 2 days ago

Having 160k + Regular retirement > Regular retirement

[-] wavebeam@lemmy.world 1 points 2 days ago

lol this happened in america, assuming they've got retirement lined up at all is a bit of a stretch

[-] kurwa@lemmy.world 1 points 2 days ago

Yeah so not retirement money lol

this post was submitted on 18 Mar 2026
791 points (100.0% liked)

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