The dividends (assuming it's in an S&P index fund) are only about $27,000 per year. You'd actually want a better mix of income generating assets than straight

The dividends (assuming it's in an S&P index fund) are only about $27,000 per year. You'd actually want a better mix of income generating assets than straight stocks to make sure you have income and are keeping up with inflation. And a million is more than enough to retire. (Perhaps not enough for you or me, but that's a lifestyle choice.)