It only taks about 250,000 dollars in the bank earning 4 per cent to retire at 1000 a month. Your average doctor could retire after 2 years, yet they continue to work.
The type of people who would quit for just 1000 a month at say age 20-50 are mostly on welfare already.
The people who earn 1000 a month today are probably not creating much societal wealth anyway (creating exportable goods or new technology).
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That would disincentivize work.
That's right wing crock.
It only taks about 250,000 dollars in the bank earning 4 per cent to retire at 1000 a month. Your average doctor could retire after 2 years, yet they continue to work.
The type of people who would quit for just 1000 a month at say age 20-50 are mostly on welfare already.
The people who earn 1000 a month today are probably not creating much societal wealth anyway (creating exportable goods or new technology).