Give it to me straight, is $1M USD enough to quit wageslaving?
>>60513487 (OP)Too many variables. How do you want to live? Where do you want to live? Do you have your taken area of a family? Etc etc.
>>60513487 (OP)It's enough that you can safely and passively generate a low end wagie job's salary in interest.
If that's enough for you to leave the wage cage with than yes.
>6% of 250,000 = $1300 a month
$700 for Rent
$100 for Utilities
$100 for Internet and Phone
$300 for Food
$100 for Miscellaneous
No car because e-bike and apartment will be near a Walmart and McDonalds
There is nothing wrong with this plan. Never have to a work again a day in your life. If you live at home with mom you can make this in like 5 years of minimum wage. If you have a good job you can do it in 2
>>60513487 (OP)It is if you’re 90 years old
>>60513487 (OP)it would be enough for me, I only need $10k a year to continue existing.