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>He may not have had a concept of what $30 million really is. I know I don’t, even at my age. I would be shocked if he had any concept at all. Most adults hav

• mikestew 10y ago
  Point taken, and I'm not trying to pick apart your post with pedantry, just curious how the numbers come out. 2% gives you 600K/year. If you go with the retirement fund concept of spending "only" 4%/year, that's 1.2M/year. I don't know how you're defining "upper middle-class", but I'll bet most would define it much lower than that. Finally, a money market fund at 0.5% has an annual yield pretty close to what I make working 40 hours/week. And in my opinion, we live pretty well on what I make in an expensive city like Seattle. All that, of course, assumes that one does not lapse into lottery winner syndrome because one doesn't have a concept of how much money $30 million is, therefore views it as a bottomless pit of cash, and blows it all on velvet Elvis paintings, bad business ideas from your cousin, and "helping" out your meth-head sister. All of that assuming assumes the $30 million dollar offer is real. And I'm convinced a vending machine idea is worth a couple of orders of magnitude less than what is claimed.