3 ms·
With $12,000/month, it would only last you about 8 years.
by sssilver 2y ago
With $12,000/month, it would only last you about 8 years.
- syndicatedjelly 2y agoIf you put all the money in a suitcase and pull it out $12,000 at a time, then yeah. You can also invest it at just 4% yield (extremely do-able in risk-free investments), and also not spend like a lunatic (seriously $144k a year while not working?). Suddenly that $1 million, spent at a more reasonable $6k a month in a mid-COL city will last you...a couple decades