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Topic	How much money would it take for you to never work again?
IfGodCouldDie 04/05/24 8:36:24 PM #17:	archizzy posted... A million. Because at a modest 5% return I could live on $50,000 a year easily. I currently live on about $1,400 a month for all my required monthly bills. That is everything. All household bills, food, gas, property taxes, house insurance, I mean literally everything. I just hang out at home and watch tv/movies, game, read, listen to music. I could easily live off 50K a year when I'm currently spending far less and just investing all my extra money. So I wouldn't need to touch the initial amount. Just live off the interest. If we went by a 5% monthly return I'd need 3 million to continue providing what I do for my kids if they were both 18 I could get away with the 1 million. --- All posters and events depicted in this post are entirely fictitious. Any similarity to actual events or posters, living or dead, is purely coincidental. <cite>IfGodCouldDie posted [p:979755000] in How much m... [t:80740064]...</cite> <quote>archizzy posted... </cite><quote>A million. Because at a modest 5% return I could live on $50,000 a year easily. I currently live on about $1,400 a month for all my required monthly bills. That is everything. All household bills, food, gas, property taxes, house insurance, I mean literally everything.I just hang out at home and watch tv/movies, game, read, listen to music. I could easily live off 50K a year when I'm currently spending far less and just investing all my extra money. So I wouldn't need to touch the initial amount. Just live off the interest.</quote>If we went by a 5% monthly return I'd need 3 million to continue providing what I do for my kids if they were both 18 I could get away with the 1 million. --- All posters and events depicted in this post are entirely fictitious. Any similarity to actual events or posters, living or dead, is purely coincidental.</quote> ... Copied to Clipboard!
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