#21
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Post deleted by Mat Sklansky
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#22
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Re: Your FU number
$10 million in cash, at 5% interest, throws off $500K a year.
I think I could live on that pretty comfortably forever. |
#23
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Re: Your FU number
[ QUOTE ]
[ QUOTE ] I basically suck at poker and play low limits, but I think if I had 100k in the bank, I could get by on my meager poker income pretty comfortably for a long time. [/ QUOTE ] and if poker dries up? [/ QUOTE ] Well, I guess I'd have to get a job again. So what? |
#24
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Re: Your FU number
About a month ago, during a period of serious burnout at work, I sat down with a spreadsheet and calculated what required asset allocation I would need to never have to work again. I figured out that if I could invest $1.2 million in after tax dollars, I could retire and live off the interest/dividends.
<font color="white"> Anyone willing to sponsor me, I accept all donations in cash or credit. </font> |
#25
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Re: Your FU number
Once I did the calculations for how big the lotto had to be so that I never had to work again. My number was $7M before taxes.
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