It all depends on cost of living. A reasonable withdrawal rate that should be sustainable is 3.5%. [0] $35k is what a lot of families live on in America. Many l

It all depends on cost of living. A reasonable withdrawal rate that should be sustainable is 3.5%. [0] $35k is what a lot of families live on in America. Many live on a lot less. You're not going to have many indulgences, but for a lot of people, $35k/yr and no job is better than thrice that but having to work 40+ hours per weak. In America, 35k per year was the 29th percentile for household income in 2014. An even more sustainable withdrawal rate of 30k per year puts you at the 24th percentile. [1] Sure, you can't do it in San Francisco, but if you think you can't sustainably live on $1m, you're living in a bubble. Because a huge fraction of people in America essentially do it, but they also have to work forty or more hours a week. [0]: https://gersteinfisher.com/wp-content/uploads/2018/04/Gerstein-Fisher-Research-Sustainable-Portfolio-Withdrawal-Rate.pdf https://gersteinfisher.com/wp-content/uploads/2018/04/Gerste... [1]: https://en.wikipedia.org/wiki/Household_income_in_the_United_States https://en.wikipedia.org/wiki/Household_income_in_the_United...