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Old 04-12-2007, 05:07 PM
scott1 scott1 is offline
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Join Date: Sep 2004
Location: New York
Posts: 369
Default Re: How much $ is needed to never have to work again?

someone wrote in the past that 100k would be enough to make him never "really work" again.

This probably assumes online poker is not work. Even then, it's a terrible assumption.

+++++

I had a friend a few years back whose company stock options ballooned to the point that he asked his father (a VP of finance at a major company) how much he would need to retire at 25 and live the same lifestyle his parents did. I'd describe the lifestyle as the upper end of middle class. Nice 4 BR house in the 'burbs (no McMansion), new Lexus every 4-5 years, travel and dining out at a reasonable rate. Assume married and children at some point. His father's answer was "5 million".

This was without all of your assumptions, though.
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