• CharlesDarwin@lemmy.world
    link
    fedilink
    English
    arrow-up
    2
    ·
    8 days ago

    I was wondering the same thing, as well as living off of the interest of 900K? Assuming an interest rate of about 4% (and that’s if the Fed doesn’t start cutting rates again), that’d be 36K a year? I mean, I guess it could be done, but I’m not sure it’d be what someone might call rich…of course, there is the cushion if you don’t cut into it…