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Old 04-12-2007, 04:44 PM
Perplexity Perplexity is offline
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Join Date: Jul 2006
Posts: 806
Default Re: How much $ is needed to never have to work again?

LOL @ $2k/month.

But setting that aside, back of the envelope calculation:

Inflation-indexed government bonds yield something like 2%. To have $24k/year after taxes, you probably need like $35k/yr income or something. If you want money to gradually increase (in real terms, after expenses/taxes), you need like $40k/yr. At 2%, that means you need $2 million.
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