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Absolutely, if I had 2 million dollars (which if you ask me isn’t that crazy anymore) and put it all into simple things like CD’s at 4% for 1 year i would make $150k a year which I could just live off. After all taxes I would still walk away with more than I currently make yearly.
Now how do I get my hands on that? Anyone know anyone?
4% on 2 million is 80k.
Also, if you’re like between 20-50 years old, there is a good chance just living off the interest generated from 2 million would not get you through your life when you factor in inflation.
My bad, you’re right. I had it set to 2 years. Either way, I could seriously relax about giving a shit about my job if I had an extra 40-50k added on every year.
Have you tried asking your parents for money?
The secret ingredient is crime.
Inheritance, get lucky, maybe hush money?