Why would working men of the world uniting be a disaster for my ETF? Don't the working men need machines and capital to work?

> If you have $20M and your lifestyle requires no more than $800K/yr of income taxed a waaaaay lower rates than the working stiffs pay on the same, then a 4% return more than suffices to live off of income that is waaaaay more passive than most passive income frauds even come close to promising.

Assuming you are in eg the US than a 4% nominal return is actually taxed quite severely in real terms, ie after you adjust for inflation.

That's because capital gains taxes and taxes on interest don't account for inflation.