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/biz/ - Business & Finance


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58460423 No.58460423 [Reply] [Original]

Is 6 million enough to stop working?
$2 million for real estate, $2 million in growth equity aka BTC, SPY, $2 million in bonds/CDs for $100k annual dividends.

>> No.58460508

$200k is enough to stop working in SEA

>> No.58460528

>>58460508
kys

>> No.58460546

>>58460423
6 million is enough to stop working and also do whatever you want at all times to a normal extent. It's a guaranteed income of $300-600k annually. You could eat out for $100/meal every single day, take $50k of vacations per year, pay $10k/month for home/utilities and still have money left over, probably plenty of it.

>> No.58460567

>>58460546
would you stop working your regular job at 2m? and then you'd just focus on investments until you hit 6m, in which you'd just keep track of it all and let it cruise. Getting close to 2m myself.

>> No.58460576

>>58460423
>Is 6 million enough to stop working?
Lol not even close

>> No.58460581

>>58460567
Yes, I personally would. But I'd pick up a part time job for some safety net while I let the $2M go to work.

>> No.58460649

>>58460423
when you ask if it's enough, you need to ask yourself how much money do you want to ideally live off of annually?

>> No.58460716

>>58460567
Working a regular job becomes more fun when you have 0 skin in the game. It’s like going to the low level PVP zone and griefing noobs

>> No.58460745

>>58460423
i need 2m to eat out at mcdonald's and degrade hookers (lawyer fees)

>> No.58460751

>>58460576
This. In Biden's America it's $10m before you can even start to think about it.

>> No.58461490
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58461490

>>58460423
6 million USD is enough to retire and live in a comfy argie village without issues