If I had a million dollars…
At what dollar amount does money not matter any more? I am convinced that it is around a billion (yes, billion with a “b” — a one with nine zeros after it). This obviously depends on your lifestyle, but a billion bucks would accomodate pretty much anything I can imagine — and I can imagine a lot. (This goes back to my brother Bob’s discussion of the Yahoo/Microsoft buyout debacle).
Yesterday I brought this up with some friends. Marion mentioned that even a million dollars could support someone indefinitely (ignoring inflation). If you stuck it in a CD or some other interest-bearing account that yields 5-6% you could pay yourself $50-60K per year without touching the original million. Where I live, this would be considered a decent middle class income. But when I suggested it to my wife, she just laughed.
So to anyone who has this as their sustainability plan, I dedicate this Bare Naked Ladies song to you.
Recent Comments