this post was submitted on 18 Mar 2026
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[–] Sludgeyy@lemmy.world 1 points 1 day ago (3 children)

"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 21 hours ago
[–] ptu@sopuli.xyz 2 points 23 hours ago* (last edited 20 hours ago)

Inflation will eat a good chunk of that

[–] SaveTheTuaHawk@lemmy.ca 1 points 21 hours ago (1 children)

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 18 hours ago

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