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50 dollars for life!
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A lot more than I used to need back in 2007
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Too hard to answer if I'm honest, give most people a lump sum of money and they will blow it fast, not many people could control themselves to spend it actually living their life they are accustomed to when working.
I know if someone handed me $10m tomorrow, I'd go buy a couple of nice $100k to $200k cars, pay off my mortgage, pay off my mums mortgage, my brothers mortgage and maybe buy them a new car each. I'd take a real nice month long trip to Asia with the wife, hitting some higher end places and letting her spend $10-20k on handbags/shoes and just enjoying ourselves. After all of that, I'd be left with probably 8.5m to live on for the next 40-60 years, very easy of course without a mortgage or cars to pay but getting out of that habit of spending what I just did in the first 6 weeks would be tough. I don't think I'd quit this industry if I had $10m in the bank, I would probably take Fridays off all summer and golf or go on nice weekend trips. I'm far too young to be retired, maybe in 15 years but not right now. |
And what if someone hands you $10m and you have a plane crash or something else kills you before you have even had the chance to enjoy your crap.. ? :1orglaugh:1orglaugh:1orglaugh
JK |
to live and be satisfied (all cost and relaxed life), I would say I need 5k ($) per month.That is 60K per year.
If I count 50 more years of life (that is some extra included in case that life without stress will last longer) ,that is 3 millions total. That is without cost for new house (or apartment) and car. Now, it depends on costs of places where we live . |
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One MEEEEEEEELION dollars of course. Actually I agree with Larry Ellison who stated that "rich" equates to at least $10,000,000 USD. That was a few years ago so I would say 12 to 15 million today.
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well, the instant you spend even $1 of that money your dream is over. lol ;) |
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I am amazed at these numbers. I could not live on the amounts people are making it on. I know it is becauseI made too much back in the easy days and got used to my life but holy crap.
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Why do you post all day here about bodily functions then ? |
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I need $4 million - 2 for me, 2 for my partner, both retire and live off of the easy 100K per year we each earn in interest from a good savings account. No risk, more than enough money to spend each year and 2 mil to fall back on should anything happen.
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For lunch?
About 5 bucks.. 7 if I'm feeling rich. 12-20 if I'm with a everyone from the office. |
Definition of 'Ultra High Net Worth Individuals (UHNWI)' Persons with investable assets of at least US$30 million, excluding personal assets and property such as one's primary residence, collectibles and consumer durables.
http://www.investopedia.com/terms/u/...uals-uhnwi.asp |
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