1 million is good spending money.....but definitely not enough for early retirement. The only thing you should do with a million imo is to invest it right away to try to make 5 million out of it! :2 cents:

I would be able to retire in my country ...

I will let you know once I have it

I would be able to retire in my country ...

oh yeah? Give me a million bucks and I wont be able to spend them in the next 200 years or so, the first thing I'm going to do is move to Mozambique - one of the poorest country in the World with all the third World shit, but boy, do they also have the BEST beaches in the World + the hottest Mulato girsl ever

I'm going to move there, live simple life, and just exist, sick and tired of the rat race - fuck, I want a better car, now I want bigger house, ok, I have a bigger house, but now I want to libe in a better subburb .... and you wake up in your late 70s, and you realise that you had NO life, or at least you didn't spend nearly enough time on what really matters

I would need at least 10 times more to retire and feel comfortable

id say that is alot of money

and would last me about 5 years or so :)

It's a fair bit of money, but it really comes down to the cost of living wherever you are, and also the kind of lifestyle you plan to live

not much for me ;)

Enough for me to start a new business I guess. :)

Is this a pre or post tax million?

1 million in cash is alot of money to have in the bank :)

With the caveat that predicting the future is "for entertainment purposes only", my guess is that by 2026 $5m is going to feel more like $500k in todays terms.

hyperinflation...hyperinflation...hyperinflation! :Oh crap

Big enough for me. I guess I'll just invest it on realty. :)

If you believe that, then you should buy physical gold or silver for you $1 million :2 cents:

I'm not a gold bug, for a variety of reasons; you can't live in it, or eat it, or make much use out of the stuff. In general, I'm afraid that's a 'past' answer that may not apply well to future challenges. Also, too much of what I read smells of manipulation. Just one guys opinion. I'm certainly not overconfident enough to argue with people about it. But I'm young and have the next 50 years to worry about. I don't have a spare million dollars anyway. I've paid off my current home, and I'm working toward securing the type of real estate that I suspect will become much more desirable longterm. Win/Win, whether my uneasy feelings turn out to be right or wrong. If stockpiling metal in your basement makes you happy, good luck to you. Worst comes to worst, at least you'll be better off than the guys trading their fiat currency for more paper IOUs.