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re: What’s the easiest, most stress-free way to make $30,000/year as consistent income?

Posted on 11/8/23 at 12:10 pm to
Posted by cwill
Member since Jan 2005
54755 posts
Posted on 11/8/23 at 12:10 pm to
Work really hard until you amass about $600k and then stick it in a high yield savings account or MMF with a 5% interest rate/yield.

Dammit, Chad beat me to it.
This post was edited on 11/8/23 at 12:12 pm
Posted by ThatBaw
Baton Rouge
Member since Jul 2023
218 posts
Posted on 11/9/23 at 10:33 am to
In order to beat inflation you could bump it up to $1,020,000 so you can keep the 30k and contribute the rest so your income isn't dwindled by inflation. Assuming 3.5% inflation that is.
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