3 ms·
If you invest it all and withdraw about 4% per year (as warrenm mentioned) this would give you an income of $400,000 per year.
by dmlittle 8y ago
If you invest it all and withdraw about 4% per year (as warrenm mentioned) this would give you an income of $400,000 per year.
- AnimalMuppet 8y agoThat was my number, too. The thing is, at that number I don't have to worry about the year the market returns -10%. I don't have to worry about the year that inflation is running higher than the interest rate on T Bills. I don't have to worry about that sudden medical expense. I don't have to worry about money at all, short of the total collapse of the US economy. (And with that much money, I can even buy some gold bars in Australia for insurance...)