Depends on your age and where you live. If you're single, no kids, and don't need healthcare, sure. Where I live (not expensive like SV), they recommend $90K+

Depends on your age and where you live. If you're single, no kids, and don't need healthcare, sure. Where I live (not expensive like SV), they recommend $90K+ to "live comfortably". A 1 bedroom apartment is $19K/year. Insurance rates vary widely, but premium + deductible - you may want to assume $10K/year. So you're already at $30K without eating, Internet, utility bills and transportation. I'm sure one could live off of that 1M if fairly frugal, but it's not what most people want.