5-10 million would probably do it without working on investing it anywhere (i.e. basic savings account or more likely paying someone to do it for me) given I'm hoping to have at least another 50-60 years in me, and don't want to stop doing things I enjoy. Especially given I'll have more time to spend on leisure & hobbies
this post was submitted on 27 Oct 2026
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20 or 25 times my annual expenses. There is an entire movement on the Internet dedicated to save up and then never work again. FIRE is the Google term if you're curious.
1 million € would make for pretty comfortable living. Though I suppose I'd need to put it somewhat higher, because otherwise I'd be tempted to do part time work once in a while, so maybe 1.5 million.
3.000.000
I don't really understand the value of money anymore so, without seeming too greedy, I'd guess about 270 bucks?
I struggle to see actually needing more than $2m. $1m is probably already enough
For me, there isn't a minimum. My dad retired early and later in life my brothers and I had to pitch in to pay to allow him and mom to remain in their apartment. I will never willingly stop working no matter how much I've got in my IRA.
2 million at 3-4% I will just live off the interest, that would give me enough to just work when I wanted to instead of to live.
where are you gonna get 3-4% interest rate on a regular savings account? barely get that on a CD, and with a CD that moneys locked up until the end of its term (though maybe withdrawable early with a penalty..)
Most savings accounts i've seen anymore, you're lucky to get .25% of interest, and thats on the high end
I know one bank that has like..a 3% interest rate, but it also severely restricts you to a certain number of transactions on that account per cycle. yes that includes bills being paid and debit card transactions. (edit) I suppose that limit doesnt mean shit if you just move your interest out to another normal account once a year..
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400k would convince me to not look for work and instead make a few bucks off the things I would already be doing for fun. But I am pretty well set up and my bills are minimal out here. As long as I can eat, drink, and .... partake ... I could get by.
24 mill USD equivalent:
400000 that I can use every year until I'm 100 (I probably won't live that long, so my kids get whatever remains). It's much more than I need, but I want a lot of leeway to maneuver whatever the financial markets burp up. Then sum should allow for positioning in a manner that makes sure the fund itself isn't eaten up by inflation.
I first thought 12 mill, but realized that my anual "salary" would be of diminishing value due to inflation, so I doubled it to be on the safe side.