Depending on where one lives and how lavish they want to live, 1mil USD at 4% interest is enough to make a life on.
That’s what my financial advisor tells me and I think it’s more than reasonable.
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Depending on where one lives and how lavish they want to live, 1mil USD at 4% interest is enough to make a life on. That’s what my financial advisor tells me and I think it’s more than reasonable.
Yes, but I think inflation quickly makes that a pretty low number.