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I've considered this issue before. How much is 'enough'? It certainly depends on what your preference is (are you okay with second hand cars, or do you want to
by jmts 8y ago
I've considered this issue before. How much is 'enough'? It certainly depends on what your preference is (are you okay with second hand cars, or do you want to try a Lamborghini for size?), but $5M in the bank is 50 years at $100K a year (ignoring interest, etc). Towards the end of your life you probably don't need that much, but if you didn't want to have 'too much' and were disciplined enough to leave most of what you have in the bank and just give yourself an 'allowance', $5M would not be an unreasonable sum.
- NikkiA 8y agoThe decision to monetize DF came after a cancer scare, so it might be reasonable to assume 'enough' would be 'enough to ensure that both of us are comfortably able to handle such a medical emergency'
- dom96 8y agoI'm sure you've heard this already, but it would be far more practical to move to pretty much anywhere other than the US that has free health care. The US is crazy when it comes to this.
- NikkiA 8y agoTell Tarn and Zach... but presumably they like living in the US for some reason.
- jmts 8y agoI'm aware of that. I also noted that they mention multiple cancers are not unlikely over time (I'm unable to access the article at this time so I can't quote directly), and they specifically pick the $5M figure as a value that they are uncertain about. I'm suggesting that $5M is probably a reasonable figure to remove any uncertainty.