Considering 1 million is arguably an insufficient amount to retire on, I’m honestly sad that number isn’t higher. Retirement is just not something some people are even considering anymore.
In the US that probably ain’t cut it.
Here it’d be enough. Depends on your hobbies and lifestyle though.
100k nets me 3k on the cheapest, lowest risk-investment monthly.
So 500k for a tiny house and 500k invested and you could have a bare decent life forever.
I worked like 1yr out of boredom in the last 30yrs.
Considering 1 million is arguably an insufficient amount to retire on, I’m honestly sad that number isn’t higher. Retirement is just not something some people are even considering anymore.
In the US that probably ain’t cut it. Here it’d be enough. Depends on your hobbies and lifestyle though. 100k nets me 3k on the cheapest, lowest risk-investment monthly. So 500k for a tiny house and 500k invested and you could have a bare decent life forever.
I worked like 1yr out of boredom in the last 30yrs.