To get 1k/day from 2 mil you’d need an annual interest rate of close to 20% from your savings account. At a more reasonable 4% you’d get around 80k a year or over 200 a day, still a good amount. If you’re using that to live on you’ll want a bit more to beat inflation long term but it’ll be a while before that’s even noticeable.
To get 1k/day from 2 mil you’d need an annual interest rate of close to 20% from your savings account. At a more reasonable 4% you’d get around 80k a year or over 200 a day, still a good amount. If you’re using that to live on you’ll want a bit more to beat inflation long term but it’ll be a while before that’s even noticeable.