3 ms·
$10M invested nets you (comfortably) $400K/year forever. From that: - 60k for capital gains tax - 100k for (exorbitant) education for children - 40k for hea
by InitialLastName 2y ago
$10M invested nets you (comfortably) $400K/year forever.
From that:
- 60k for capital gains tax
- 100k for (exorbitant) education for children
- 40k for healthcare (the most expensive plan on my expensive state's marketplace for a family of 4 is $36K).
That leaves $200k for living expenses. If you can't find a place to live comfortably (anywhere, since you aren't restricted by work) on $200k/year, we have very different expectations from life.