When can Mario retire? - Unraveled
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Date: 2023-12-10
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Comments and reviews: 29
-rarebeeph1783
according to my calculations, if inflation is a constant rate of 2% per year and your savings accrue 7% interest per year, you could start saving $6000 per year, adjusted for inflation, at 26 and retire with a fund of $36000 per year, adjusted for inflation, at age 61, if you expect to live to 90. which isn't great, but it's better than 88.
nowhere near sure if those assumptions are correct, but i'm fairly confident that if they are then my result follows unless i'm missing some factors
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according to my calculations, if inflation is a constant rate of 2% per year and your savings accrue 7% interest per year, you could start saving $6000 per year, adjusted for inflation, at 26 and retire with a fund of $36000 per year, adjusted for inflation, at age 61, if you expect to live to 90. which isn't great, but it's better than 88.
nowhere near sure if those assumptions are correct, but i'm fairly confident that if they are then my result follows unless i'm missing some factors
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-mcassio2
I would like to point out that Luigi's Mansion actually gives a direct dollar value for coins, and also shows that there are other currency types, namely paper bills that somehow have more value than the gold itself. I would also point out that if you do the basic stuff in Luigi's Mansion, Luigi walks away as a millionaire, so it's entirely possible that Mario can mooch off of his brother in his old age.
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I would like to point out that Luigi's Mansion actually gives a direct dollar value for coins, and also shows that there are other currency types, namely paper bills that somehow have more value than the gold itself. I would also point out that if you do the basic stuff in Luigi's Mansion, Luigi walks away as a millionaire, so it's entirely possible that Mario can mooch off of his brother in his old age.
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-chrisg6654
But. Is it safe to say that he invests almost 100% of his income and lives off peach-s cake and crashes at Luigi-s mansion? You don-t start the game with the last game-s money. Also, my man is an Olympian. That should have netted him some cash to throw into that self-directed Roth IRA, which you can do without a 401k through an employer
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But. Is it safe to say that he invests almost 100% of his income and lives off peach-s cake and crashes at Luigi-s mansion? You don-t start the game with the last game-s money. Also, my man is an Olympian. That should have netted him some cash to throw into that self-directed Roth IRA, which you can do without a 401k through an employer
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-BurneyWaring
This is needlessly bleak. To be able to retire you need to have a savings rate of something like 20%. The savings need to be invested is diverse ETF with stocks. If you want to retire early, bump your savings rate to 30% or higher. Focus frugality and minimalism on the big spending areas: Housing, transportation, food.
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This is needlessly bleak. To be able to retire you need to have a savings rate of something like 20%. The savings need to be invested is diverse ETF with stocks. If you want to retire early, bump your savings rate to 30% or higher. Focus frugality and minimalism on the big spending areas: Housing, transportation, food.
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-arloames4517
I beg to differ on your estimate of Mario's age. He has been -working- for 40 years. He wasn't a baby when he started. You might ask Nintendo when he was first born, which migh be a few years earlier. Normal people might start work at 15 to 20 years old. So his age when he started was somewhere between 3 and 20 years.
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I beg to differ on your estimate of Mario's age. He has been -working- for 40 years. He wasn't a baby when he started. You might ask Nintendo when he was first born, which migh be a few years earlier. Normal people might start work at 15 to 20 years old. So his age when he started was somewhere between 3 and 20 years.
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polygon
Better assessment without trying to draw upsetting comparisons to young adults:
With no inflation control, whenever princess peach is kidnapped, the kingdom is thrown into turmoil and the economy will react accordingly. Dramatic inflation -and deflation- can be used to the advantage of smart investors.
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Better assessment without trying to draw upsetting comparisons to young adults:
With no inflation control, whenever princess peach is kidnapped, the kingdom is thrown into turmoil and the economy will react accordingly. Dramatic inflation -and deflation- can be used to the advantage of smart investors.
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-jasperreyes1268
Well he tried to go on vacation one time but then Princess peach was kidnapped again except not by Browser but by someone. That framed him for various graffiti's around town. His sentence ultimately being. Power washing in the local town. I'm removing it of all its graffiti.
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Well he tried to go on vacation one time but then Princess peach was kidnapped again except not by Browser but by someone. That framed him for various graffiti's around town. His sentence ultimately being. Power washing in the local town. I'm removing it of all its graffiti.
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-stygian6642
As a European, this video and the comments make me sad for the US. Again. In my country if you get to retirement age (a set age based on the country's average life expectancy) you just get paid a living wage each month. You can just stop working
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As a European, this video and the comments make me sad for the US. Again. In my country if you get to retirement age (a set age based on the country's average life expectancy) you just get paid a living wage each month. You can just stop working
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-mulethedonkey2579
Mario's got royal borgeousie money, Mario's more like that friend from high school who sells custom bicycles, and then you realized they married the owner of the largest road paver in Connecticut, and their just very rich.
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Mario's got royal borgeousie money, Mario's more like that friend from high school who sells custom bicycles, and then you realized they married the owner of the largest road paver in Connecticut, and their just very rich.
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-averagejoe9040
You know why he really cant retire? Because every time he earns a hundred bucks his life gets longer. How's he ever going to get enough money yo last the rest of his life when his life will always outlast his money?
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You know why he really cant retire? Because every time he earns a hundred bucks his life gets longer. How's he ever going to get enough money yo last the rest of his life when his life will always outlast his money?
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-kory_misun
At 1: 22, I think Brian predicts his eventual reading of the entire Halo book series.
PS, I must applaud Nate for his caring professionalism, and for following up with Brian about Mr. Mario Mario's horrific debt.
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At 1: 22, I think Brian predicts his eventual reading of the entire Halo book series.
PS, I must applaud Nate for his caring professionalism, and for following up with Brian about Mr. Mario Mario's horrific debt.
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-jasperreyes1268
The way you're describing him is a version of the movie. I would love to see where hes played by Ron Swanson. And I think it would actually fit quite well for an older, more grizzled mario
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The way you're describing him is a version of the movie. I would love to see where hes played by Ron Swanson. And I think it would actually fit quite well for an older, more grizzled mario
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-emoore29681
The way that it hits him that we, as people currently under 40, will never get the retirement we've all been promised. I felt that in my bones. Pouring one out for both our futures, Brian.
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The way that it hits him that we, as people currently under 40, will never get the retirement we've all been promised. I felt that in my bones. Pouring one out for both our futures, Brian.
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-jfnoxus
Mario wouldn't need much money to retire. Since he has been helping everyone around while only getting the money he finds while doing the job then I'm sure a lot of people owe a debt to him -
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Mario wouldn't need much money to retire. Since he has been helping everyone around while only getting the money he finds while doing the job then I'm sure a lot of people owe a debt to him -
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-Obi_Dog_Kenobi
I think there's a loophole for this.
Assuming Mario does not have a 401k he could simply invest in one. As his trust fund matures, he is one step closer to finally retiring.
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I think there's a loophole for this.
Assuming Mario does not have a 401k he could simply invest in one. As his trust fund matures, he is one step closer to finally retiring.
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-Chernobog34
Coming back here after Nintendo announced Charles Martinet's retirement from voicing Mario. Have a blast as the Mario Ambassador, Mr. Martinet! You're always numbah one to me!
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Coming back here after Nintendo announced Charles Martinet's retirement from voicing Mario. Have a blast as the Mario Ambassador, Mr. Martinet! You're always numbah one to me!
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-danaduarte5813
-If Mario can't retire, then that would mean I wou. -
-record scratch-
We'll be right back to Brian Discovers Capitalism after these messages from our sponsors
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-If Mario can't retire, then that would mean I wou. -
-record scratch-
We'll be right back to Brian Discovers Capitalism after these messages from our sponsors
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-TheGeorge-it8fp
Bean bean coins actually are far less valuable than mushroom kingdom coins (10 to 1, so, with that in mind, it-s far easier than the predicted amount needed.
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Bean bean coins actually are far less valuable than mushroom kingdom coins (10 to 1, so, with that in mind, it-s far easier than the predicted amount needed.
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polygon
Not sure if there was a misunderstanding with the finance guy you talked to, but you can have a Roth IRA as a self employed person using your 1099 instead of a W2.
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Not sure if there was a misunderstanding with the finance guy you talked to, but you can have a Roth IRA as a self employed person using your 1099 instead of a W2.
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-workingorder2189
You forgot that in addition to being a plumber he's also a doctor. Dr. Mario probably works in the pharmaceutical industry hence all the pills.
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You forgot that in addition to being a plumber he's also a doctor. Dr. Mario probably works in the pharmaceutical industry hence all the pills.
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-MegaJestify
I don-t know what Brian is up to these days so I-m going to hopefully assume he found the secret to retire to those white sandy beaches already: )
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I don-t know what Brian is up to these days so I-m going to hopefully assume he found the secret to retire to those white sandy beaches already: )
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-bonuslesbian
i thought that most millennials assumed they won't survive to retirement age or that we will never be able to retire but maybe that's just me.
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i thought that most millennials assumed they won't survive to retirement age or that we will never be able to retire but maybe that's just me.
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polygon
He's just talking about Super Mario Sunshine. Mario was on vacation that whole game he just had to fix everyone else's problems while he was there
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He's just talking about Super Mario Sunshine. Mario was on vacation that whole game he just had to fix everyone else's problems while he was there
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-kentslocum
You know this video is old when he's talking about 2% annual inflation and you've been experiencing at least 8% for the last two years.
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You know this video is old when he's talking about 2% annual inflation and you've been experiencing at least 8% for the last two years.
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-martywsmarty
Jokes aside, learning about the US retirement system (or lack thereof) makes me so sad, this is why we are protesting in France >: o
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Jokes aside, learning about the US retirement system (or lack thereof) makes me so sad, this is why we are protesting in France >: o
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-c4shguy224
I'm very surprised polygon allowed brian to make a video with a thesis that basically amounts to -I don't get paid enough to retire-
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I'm very surprised polygon allowed brian to make a video with a thesis that basically amounts to -I don't get paid enough to retire-
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-daviespeck6566
My headcanon is that BDG got so genuinely scared about the future that he decided to try a different career to save more money
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My headcanon is that BDG got so genuinely scared about the future that he decided to try a different career to save more money
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polygon
-Pina colada in one hand, scifi novel in the other-
Was this during the Halo novels? Based on the timing that seems very likely.
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-Pina colada in one hand, scifi novel in the other-
Was this during the Halo novels? Based on the timing that seems very likely.
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-izzys. 7855
see stuff like this is why i think my depression is like. a reasonable response to living in the US when you arent born rich
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see stuff like this is why i think my depression is like. a reasonable response to living in the US when you arent born rich
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