5% interest (which is meager) is 50,000 a year without touching the million itself. after taxes it isn't a fantastic salary but anyone who can't live on it is l

5% interest (which is meager) is 50,000 a year without touching the million itself. after taxes it isn't a fantastic salary but anyone who can't live on it is living in some kind of fantasy land. do 8-10% and you're talking serious money for no work. I know people that tell me they can not live on less than 100,000 a year. If i could I would send them to ethiopoia, one way.