The tree that swallowed a bicycle; Graduates: How to retire at 38; mp3s: Stevie Wonder '73, Wilco '05
12:00 PM Mon, May 28, 2007 | Permalink
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Projo Subterranean Homepage NewsBottom-up journalism from the pros: News, tech and culture by Sheila Lennon |
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A few holiday links. Enjoy your grilling...
Neatorama: A Bicycle Eaten by a Tree: A kid's bike was left in the fork of a tree on Vashon Island, Wash., which grew to engulf it. Since this photo, it has lost its front wheel. Graduates: How to retire at 38. A readers asks The Simple Dollar, I’m Twenty Years Old And Have No Debt - When Can I Retire And Live Off My Investments? The nutshell answer: If you were to take 20% of your annual income starting at age 20 and put it in a S&P 500 index fund, that index fund continues to grow at the long-term historical rate (12%), and you received a 4% raise each year, you could walk away from your job and live off the interest at age 41 matching your current salary, or quit at 43 and be able to give yourself a 4% “raise” each year from the interest, which is probably the better plan because it combats inflation. Raise the amount to 25% and you’re done at age 38 Free mp3s at BigO, Singapore: Stevie Wonder, Berkeley Community Theater, 1973 As is their wont to do cover songs, Jeff Tweedy chose an especially intimate moment in Montreal to sing The Band’s trademark tune, I Shall Be Released. I do not recall him ever singing this ever again. 
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