The massive amount of money is just to generate investment income so that you don't spend down the principal. People often use 4% as a safe withdrawal rate, but

The massive amount of money is just to generate investment income so that you don't spend down the principal. People often use 4% as a safe withdrawal rate, but it's much safer to use 3.5% or 3%. For example, if you wanted to spend $20k per year, then you would need $20,000 / 0.03 = $666,666 invested in index funds. I'd be happy with something like $40k per year ($1,333,333 invested), or just a SaaS service that provides passive income. Running a business is far riskier, but it also gives you something to do. And maybe I wouldn't mind having a nice house in an expensive city like New York, Melbourne, Vancouver, etc. $20,000 per year would be nice, but I think $200,000 would be pretty nice as well.