While one million is a pretty good amount of cash, you’re delusional if you thinks it’s a “never working again” amount of money. I had this talk pretty recently with a friend of mine, if he used it to finish paying his house (150k) at 24k a year it would not even last 40 years.
You’re assuming that everyone living today will live for more than 40 years. Ageist much? (I’m kidding.)
No, I’m not delusional. I’m not saying “never work again and live in luxury.” I’ll gladly live in a studio apartment for a few years while I put some of that money work for me (instead of me working.) It’s doable.
Edit: you can also move to a relatively safe country where 20K a year gives you the same standard of living as a middle-class westerner - minus the 9 to 5 grind.
When no-one was looking, Elon Musk lost forty billion. He lost 40 billion. That’s as many as four tens billions. And that’s terrible.
I mean, we were all looking. We’ve been enjoying mountains of popcorn to twitters slow collapse.
I never would have guessed that Musk is a billion times worse than Lex Luthor, but the math is right there. Terrible.
Lex Luthor bought a company for 44 dollars then lost 40?
40,000 millions. Most people could live without working ever again with one million dollars (provided they managed them wisely.)
While one million is a pretty good amount of cash, you’re delusional if you thinks it’s a “never working again” amount of money. I had this talk pretty recently with a friend of mine, if he used it to finish paying his house (150k) at 24k a year it would not even last 40 years.
You’re assuming that everyone living today will live for more than 40 years. Ageist much? (I’m kidding.)
No, I’m not delusional. I’m not saying “never work again and live in luxury.” I’ll gladly live in a studio apartment for a few years while I put some of that money work for me (instead of me working.) It’s doable.
Edit: you can also move to a relatively safe country where 20K a year gives you the same standard of living as a middle-class westerner - minus the 9 to 5 grind.