20 million for me.

 

You must have a heckuva lot of stress in your life.

I knew you generated a lot of stress, just didn't realize you possessed so much of it .

 

The standard withdraw rate by most proffesionals is 4%. So most people need to figure out their number from the annual income they need for their lifestyle. So one million would equal 40k a year if you can maintain that balance.

I'm a lot closer to the end of my life than most on here (excluding Bengal Maniac).

 

Probably a couple hundred bucks.

I'm a lot closer to the end of my life than most on here (excluding Bengal Maniac).

 

Probably a couple hundred bucks.

 

:lol:

You must have a heckuva lot of stress in your life.

I knew you generated a lot of stress, just didn't realize you possessed so much of it .

 

 

20 million 10 to spend and 10 live off the interest.

20 million 10 to spend and 10 live off the interest.

 

 

You would blow all 20 of it.

The standard withdraw rate by most proffesionals is 4%. So most people need to figure out their number from the annual income they need for their lifestyle. So one million would equal 40k a year if you can maintain that balance.

Adjusted for inflation that's a lot less in 35 years.

Adjusted for inflation that's a lot less in 35 years.

 

True but a standard 4% withdraw strategy factors in inflation.

If you need more than a million, you're not living right.

Just half a million. Live within/below your means. The best things in life are free anyway.

If you need more than a million, you're not living right.

 

If you need less than a million you're not living right.

I'd love to be able to travel the world, eat where I want to eat, experience all that I can. Live life to the fullest. You can't do that on $40,000 per year. (Amount Based on the 4% calculation).

If you need more than a million, you're not living right.

Without working the rest of your life? No chance.

Once I get my kids own their own feet, well, I'll need less.

Once I get my kids own their own feet, well, I'll need less.

 

That takes a while, trust me.

As I said, I am good, now the lovely lady may need 250M and I am not sure that would do it!