£250k or £500 would be enought to live a nice quiet relaxing life im sure. Allot of people have much much less and they seem to do good
You can fairly easily generate 10% interest consistently on larger deposits. So theoretically, you can deposit $1m into a managed account (by a professional) and live off the interest/gains every year. $100k isn't rich, but it is a decent living considering you don't have to worry about a thing. Double the deposit up to $2m and you are now living right at the limit of "upper class" in the US. Choose a frugal region to live and you will be comfortable!
I would take that 1 billion and go for more. Aim to make it 5 billion. It's the challenge (not so much the money) that keeps me going.
Wow, one billion is a lot of money. Perhaps it is enough for me to go to settle to another country with that kind of money
I don't consider it work because it is what I like to do when I am not surfing so I consider that retirement
1 million USD is too much for me I never dreamt that much. But i dont want to rwetire in my life. I want to work upto the last moment of my life.
With " large " number of variables involved in any financial planning changing violently coupled with ever increasing global and local uncertainities, one is not sure how much he/she needs for retirement....i guess continous upgradation in one's knowledge level and sincerity will prevail and will lead a dignified retired life
I will be aiming to retire with about £10 million to have a very comfortable retirement, although that depends at what age you retire...
who on here actually has over 1million? Allot are saying millions but who will actually earn that much in there life time and retire with it?
1 billion USD... because I want to help my fam and other people... Share your money to help other people is good...