06-08-2020, 03:10 PM
Acer wrote:
And, $1 million is not enough to set you up for life by a long shot. Living of its investment income at a long-haul 4% it's barely enough to keep you at lower middle class levels. You'll still want your day job.
Keep your day job, and reinvest the dividends from your portfolio... It doesn't take very many years for $1M to grow to something that 4-7% of is a nice cushy income.