Lol, that's still totally feasible for normal FIRE/retirement situations, my understanding is that most proposals only start at $50 million or more. You can still have a super cushy retirement with $3mil+ and 3% withdrawal forever.
Sort of like how the income tax in America started with it only applying to the top 1% of earners?
Today, sure. In 30 years I wouldn't expect to be able to retire with less that $50 million in savings.
> only start at $50 million or more
curious how they came to that number. There's probably plenty of voters willing to cast a vote for $0.5M+ and plenty ready to cast a vote for $100M+. How was the line drawn?