1M$ is not enough to up and quit. But it is enough to quit your job to do a job you actually enjoy and supplement that income with dividends. Dividend + buyba

1M$ is not enough to up and quit. But it is enough to quit your job to do a job you actually enjoy and supplement that income with dividends. Dividend + buyback yield is around 4% on s&p 500. So you could reasonably safely take out 4% / year (assuming you dividend reinvest). Spending is the real issue. If you can get your spending down you could actually pull it off.