2.5 million and I quit my job. 100k/year passive income. I'm learning to cook, probably adopting a child or 2.

$300,000

High yield savings account would get you a little over 1k$ a month from interest alone. I already live on less than that. I'd just live off the interest.

I've never thought it all out, but 5-10 million USD. It's probably overkill, but I'm budgeting expense if I need to help my family out in the US as they age and such.

$50 mil, just enough to be reckless and still retire. I'd never work again. Vacations 24/7.

10 mil. Enough to absorb all but the worst shocks to the stock market, continue to grow if desired, or pull $500,000/yr interest at a conservative 5% growth. $500,000 year means you could afford the Lamborghini, but you still gotta make payments.

IMO $2-3 million today is about the “millionaire” of yesteryear, someone we used to call rich but not crazily so. $10 million is actual passive wealth that is enough to live very well without touching the principal.

Whatever I need for churnin passive income to be comfortable and do some travel til end of life

700k and I'd be choosing to be dirt poor in monetary value.

But I'd have freedom to live. Not lavishly, but I'd be free. Read books. Exercise. Creat art. Love, maybe.

There are many things in life that are both valuable and nearly costless. That'd be better than what I do now.

3 thoughts of school:

1. Actually never working at all from my 30s onward, probably around 10 mil €.

2. Quitting my job and getting into lazy investment to get a passive income, around 1.5 mil €.

3. Playing into me being passively suicidal, if I loose my job and the number hits zero, I'm just killing myself. Technically that would also mean I don't have to work again.

Number 3 is the most realistic one.

1 million. Getting 3% back on investments will give me $30,000 a year. That far more than what I currently make. Also, less laundry, less eating out, and not burning so much fuel commuting to work and home.

10 million. Maybe I’d take 5 if i was going to leave the country, which I might with that much.

Impossible to answer with all this AI BS that's about to implode & take down a significant chunk of the economy with it.

OP should probably have asked for the ages of people responding. One million takes an old person beyond the grave but might fall short for a 20 year old.

3million used to be the “fuck you” money estimate, but it’s probably more like 12 now, so, 12million dollars.

i retired at 35 and am now 60, i have nothing like what people say they need here. i have been investing since i was 19, i have a gf, a modest cottage in a small town in Australia, no debts and we travel thru SE Asia 8 months a year.

There's people living on way less with really interesting lives out there who don't work.

2 500 € per month multiplied by months of, say, 50 years.

2 500 € * 12 * 50 = 1 500 000 €.

Would not be a rich life, absolutely not, but would leave me with enough money to live even if the part I'd invest was to be lost.

1mil but I'd probably still work. I'd wanna be a fulltime BERRT nurse (Behavioral Emergency Rapid Response Team) and just wander around the hospital at night calming patients down. I've done a little BERRT work but most hospitals won't pay a living wage for someone to do that full time. It's usually just lumped on the psych unit charge so they can only respond when they're not busy which defeats the point of an emergency response protocol. Doing that full time and just wandering around the hospital giving fake cigarettes to people with Alzheimer's and talking people withdrawing into sticking it out through their detox protocol would literally be my dream come true LOL.

50 million dollars, the ransom for ~~Kelsey~~ Chelsea ~~Grammer~~ Clinton in 1998.

4 million invested with 5% withdrawal rate and 400k in HYSA. 200k per year with 2 years in reserve to buffer any sequence of return risk on the 4M. Adjust spending and rate as needed.

$1 Million.

Everything I'd be paying now, I'd be good for 15 whole years. By the time those 15 years end, I'd be in my 50s. But I'd have all of the time between now and then to like, develop skills that are of use to me.

Millions, certainly. Probably about 2 of them, if we had that today I would be pretty confident. That is not likely to actually ever happen, or at least not before it wouldn't be enough.

ETA: I am near 60 & husband just past that so we don't need to plan for as long. It would be more if we were younger.

2M. I'm also older so this should be enough.

3 million USD. I'd still run my farm but I wouldn't work my job job anymore. Just means I'd upscale the farm a small amount and give away a larger percentage of my products. 3 is genuinely low but I have very little debt as is and a reasonable lifestyle.

probably 7 million, minimum.

1 million for a house, furniture, car, debts.

then about 6 million into one of those savings accounts that give like 3% interest but are heavily restricted on transactions and such, and just like once a year pull the interest out and live off that.. should be more than enough to cover a year of decent living if you arent stupid.. and any money left over at the end of the year can be put back into the account to slowly increase the base amount and thus how much you get in interest every year.

The question is missing one key variable: how old are you?

Someone my age without that many years left and with the kids out of the house doesn't need nearly as much as a 30-something with a family.

Somewhere between 5 and 10 mil, even at only 1% interest rates that should cover everything I reasonably need

I wouldn't choose to not work until I had a brokerage in the range of $4 Million. I could live on much less but I wouldn't CHOOSE to not work.

If I had $2 Mil, I could live a modest lifestyle happily forever. Or.. I could just work some chill job I don't care much about and live a non-modest lifestyle. There are millions of low-stress jobs in the $40-60k range. 4% rule says $2Mil ~= $80k/year (don't @ me with nuances). I would be much happier on $120k with a chill job than $80k with no job.

But at $4 Mil -> $160k I would prefer to just travel and have my time back.

The details would need to be adjusted if we assume a paid off house or not.

Since I’m on the US, it would need to be “whatever I would need to live comfortably” + “another $2-5 million so I don’t bankrupt myself from a large impact medical event”, since we don’t have universal healthcare here.

Sadly that latter number is the largest reason I feel I’m “just okay” rather than comfortable given that I make over $200K. Any other place in the world and I’d be feeling good.

I wouldn't stop working.
With ~500k I'd take a few months of leave, reduce my hours to working 6h/4d/week, and only take the shifts I want to. I need to keep some rhythm otherwise I stop functioning.