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Topic$1000,000 or being able to eat as much as you want without health issues?
blu
06/10/21 8:49:41 AM
#23:


The money for sure.

You can withdraw about 30k indefinitely which is a bit under the median American income. If you wait 10 years you can likely be withdrawing closer to (but not quite) the median household income indefinitely without adding additional savings. Combined with what you already have invested, youre looking pretty good.

Its enough money to let you pursue pretty much anything you want unless you have a super expensive hobby, and if you have a super expensive hobby then it lets you choose a job where you can do that hobby for your income.

I wouldnt retire today if I had 1M, but Id easily be able to. Most likely youd have way more money in the future, even if you retired today with 1M and withdrew 30k a year.
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