Dude I'm with you all the way! If you can't invest a portion of that to give you 20/30k a year and spend some on bricks, in my opinion, you've done it wrong to say the least!
RE: Why One Million Dollars is NOT Enough
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Why One Million Dollars is NOT Enough
depends on what type of lifestyle you want to live. Not everyone wants to go a 3rd world country where cost of living is ridiculously low. Some people do want the more expensive things in life. Like a really nice car, a house with a view of the sea or lake and the ability to go on vacations around the world. Even the most optimistic bond paying 6 to 7% will only yield 70k a year and that is not counting taxes.
In my opinion better to strive to make 1 million a year than settle down and be comfortable with 1 million in the bank.
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