/biz/ - Business & Finance

I read from anons here that a million dollars isn't enough and that you need 5kk minimum, 10 would be comfier.
What the fuck? Most people don't even earn a million in their lives, how the fuck do you spend? In germany I could easily lay back and retire on 1 million dollars, buy a bunch of rent property for half of the money for yearly income and buy a property for myself, 300k is more than enough for a great home. Then you'd still have a couple hundret thousands to use as a cushion or to invest and with my gf I spend maximum 20k on basic shit a year. A million would do, I'd have to be conservative but it would be enough to be set if diversified correctly. Anything above that would just be more comfiness, I don't need 5 million.

What's your number?

>>12503214
Sounds like a good one, nice concept. Could be applied to much more I guess.