With the one million I don’t need to work for the rest of my life. Couldn’t be easier choice.
Curious, short of investing 900k into VOO then moving to Vietnam and living off stock growth, how else would you make 1M go that far?
By doing exactly that except staying where I’m at instead of moving to Vietnam. 7% of one million per year is more than enough to live a comfortable life.
I see nothing wrong with that plan
2.5’s a nightmare.
You can’t do anything with it.
You’d be the poorest rich person, it’s like being the tallest midget.
Depends on how much money you’ve got now I guess? If you’ve got a spare million or so that you can’t work out what to do with I’d be more than happy to take it off your hands and put it to good use.
$2.5m clears my mortgage, puts my daughter through private school and uni, and still leaves me with a big enough chunk of cash that the interest would let me be picky with whatever job I take after.
Oh no, what if I can’t partake in the dick measuring contest?
Quote from somewhere on the Internet, “if a monkey hoarded more bananas than it could eat, while most of the other monkeys starved, scientists would try to figure out what’s wrong, when humans do it we put them on cover of Forbes.”
The job, easily. Save 75% of my salary, have close to 2M banked/invested by the end, and knowing the end date would make it far easier to have something lined up by the time it ends.
