this post was submitted on 26 Aug 2024
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I'm sorry but how is a couple million "not rich"
In my mind, rich means not having to work again. A couple million doesnβt even get close, sadly.
The word you're looking for is "wealthy."
I'd agree with this guy's definition of rich
What the hell is your lifestyle? The returns on an investment of 2 million dollars is like high 5 figures low 6 figures every year.
Here in Australia, it's costing our family of five about $100k a year to live, excluding our mortgage. 4% return ($80K) is conservatively realistic here (for low risk investment), and still isn't enough.
Like I said, while it would've set me up with a house and no debt, I'd still have to work to pay for the cost of living.
Please give me a couple millions.