darbypitcher22
Posts: 8,000
Jan 24, 2011 5:06pm
$3 or $4 would be good
Jester
Posts: 700
Jan 24, 2011 5:09pm
ernest_t_bass
Posts: 24,984
Jan 24, 2011 5:09pm
darbypitcher22;650840 wrote:$3 or $4 would be good
Just go buy a scratch off.
Ender Wiggin
Posts: 1,124
Jan 24, 2011 5:24pm
Anyone with even a modicum of intelligence should be set for life with around 1-2million.
I
I Wear Pants
Posts: 16,223
Jan 24, 2011 5:43pm
$1-2 million would let you live comfortably for life but it would take around $5-10 million to live in a bit of luxury without getting extravagant.
Heretic
Posts: 18,820
Jan 24, 2011 6:25pm
ccrunner609;650903 wrote:Whatever this guy has
Ah, opulence for you, then. As I believe his direct quote is, "Opulence...I has it."
Red_Skin_Pride
Posts: 1,226
Jan 24, 2011 6:47pm
I would say 10-12 million. Pay off my student loans, buy/build a nice house on some land, a couple new vehicles for my girlfriend and I (were practically married lol), give some to immediate family, and invest the rest. If I were single, I could easily make it on something like 2 million, but if I had my CHOICE of how much, I'd ask for about 10-12 to do all those things (mostly for my family).
HitsRus
Posts: 9,206
Jan 24, 2011 8:31pm
$3 million...according to our financial advisor.
Cat Food Flambe'
Posts: 1,230
Jan 24, 2011 8:32pm
We need about $850K in saving to maintain our currently style of living after adjusting for certain reductions in spending (commuting expenses, no more mortgage, etc. If Social Security is still around 15 years, it will be somewhat less. I'll make that call in about ten years. Frankly, uspect that anyone born after 1960 better count on not being able to draw SS and Medicare until age 68 to 70- it's the only way either system will be able to survive.
We should be able get to that level in about five more years. and will be happy to build up over that level - we started the 401K and the IRA early. I'm fortunate in having a wife who understands the need and spends accordingly - this is a woman who is perfectly happy to drive a five-year-old Chevy Cavalier if it means more money in the savings account.
We should be able get to that level in about five more years. and will be happy to build up over that level - we started the 401K and the IRA early. I'm fortunate in having a wife who understands the need and spends accordingly - this is a woman who is perfectly happy to drive a five-year-old Chevy Cavalier if it means more money in the savings account.
Murdski99
Posts: 399
Jan 24, 2011 10:14pm
[video=youtube;B4C96ZTJIhU][/video]Jester;650844 wrote:
Iliketurtles
Posts: 8,191
Jan 24, 2011 10:28pm
2-5 million would be good enough for me.
J
jmog
Posts: 6,567
Jan 25, 2011 2:03pm
To never have to work again? After taxes, 2-4 mil would be plenty. I'm not a retard with money, I could invest half, live off the interest, and go "wild" with the other half no problem.
Just to be "comfortable" for the rest of my life? $250k after taxes. That would put me not only 100% out of debt, but be able to invest some of it and then...my normal pay would look astronomical without all those payments.
Just to be "comfortable" for the rest of my life? $250k after taxes. That would put me not only 100% out of debt, but be able to invest some of it and then...my normal pay would look astronomical without all those payments.
J
jmog
Posts: 6,567
Jan 25, 2011 2:35pm
Ender Wiggin;650863 wrote:Anyone with even a modicum of intelligence should be set for life with around 1-2million.
If the 1-2 mil is after taxes, then I agree with you 100%.
Heck, even if its before taxes so I'd have to work a few more years and not quit now
.