LogFAQs > #975322717

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Topic	What's the lowest amount of money you would need to be set for life?
MasterOfGames57 08/08/23 4:42:35 AM #1:	(But theres a catch: you cannot reinvest this money in stock or real estate. You simply are living off this dollar amount for the rest of your life.) I think I could realistically not work a day in my life again on $6 million. With that, I could buy a $500k house, and assuming yearly expenses would be about $60k for food, gas, utilities, property taxes, etc, Id still have $3.5 million after 50 years, which is money that could be used for non-necessity goods. --- Know Your Mouth and Shut Your Role! My posts are more important than the posts of other users on this board. <cite>MasterOfGames57 posted [p:975322717] in What's the... [t:80531047]...</cite> <quote>(But theres a catch: you cannot reinvest this money in stock or real estate. You simply are living off this dollar amount for the rest of your life.)I think I could realistically not work a day in my life again on $6 million. With that, I could buy a $500k house, and assuming yearly expenses would be about $60k for food, gas, utilities, property taxes, etc, Id still have $3.5 million after 50 years, which is money that could be used for non-necessity goods. --- Know Your Mouth and Shut Your Role!My posts are more important than the posts of other users on this board.</quote> ... Copied to Clipboard!
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