View Single Post
Old 05-21-2013, 01:51 PM   #8 (permalink)
MCBs armed pacifist
Join Date: Jun 2009
Location: West Michigan

Originally Posted by WilD View Post
I think I could consider "retiring" if I received over $2 million after tax winfall right now. If I received $4 million, I certainly would. It really doesn't take that much money to maintain a good standard of living if you can resist running out to buy the mansion and new Ferrari.
My number is based on return of investement / inflationary figures. If I can take out 100K a year, never touch the principal, and have the principal and my "salary" match inflation I would be happy. This puts it somewhere in the 2 to 4 million range depending what kind of ROI / inflation figures one uses
"Sometimes the point of doing something is not to find the "best" way of doing it, but to discover the most fun" - Gever Tulley

"Use peaceful means where they are appropriate; but where they are not appropriate, do not hesitate to resort to more forceful" Thupten Gyatso (the Dalai Lama, 1932)

"It is not the will to win that matters - everyone has that. It's the will to prepare to win that matters" Coach Paul 'Bear' Bryant.

"The ink of scholars is more precious than the blood of martyrs" - Muhammed
Lohman446 is offline   Reply With Quote