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re: Is $1 million a lot of money in 2019?
Posted on 6/24/19 at 9:56 am to kywildcatfanone
Posted on 6/24/19 at 9:56 am to kywildcatfanone
quote:
With that said, I'm assuming a life expectancy of no greater than 75 max.
This is probably the surest way to live to 100.
In all seriousness I think as someone else said $1 million can be life changing money if you managed it properly through investments and debt reduction, but I don’t think it’s “never work another day” money. I’d be concerned about living off of only that through my retirement (granted I won’t have a pension and highly doubt there will be any SS by then).
1
Posted on 6/24/19 at 1:54 pm to Decisions
I think 2.5-3 million would be the minimum to “never work again” money
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