How much would you requirement to retire and live bad the interest?

what would be the minimum amount that would allow you to quit your job and live rotten the interest?

$100,000?
$500,000?
$1,000,000?


Answers:    Probably $1M. The interest at 6% would give $60,000 per year. With inflation though, this might not run too far, so it's possible even that would not be enough.

I'd in actual fact say more resembling $2.5M to have a wearing clothes retirement if you want to travel and such.
It would certainly depend on your desired lifestyle

nearby are many seniors presently who live off of the 20k a year that they find from social security.

If you already own a paid for house your requirements for money might be smaller amount

so I guess this is a personal question defined by you
also
you would stipulation to know if you have a style to get insurance (health) since a principal operation could quickly remove without trace 60k.
I was within the hospital once for 10 days and the bill was 27k for those ten days


  • Do your parents still clear some bills for you?
  • Dept surrounded by "pre-litigation"?
  • Is it noxious on ones credit rating if multiple checks enjoy be done through a loan application??
  • Can a individual become rich by becoming a children's author?
  • I am trying to find a filling system for my home history. What do I preserve and what do I toss?