That truly depends on what you mean by “comfortably”. You can very easily survive the rest of your life “comfortably” on $1 million. Unless your definition of “comfort” includes a bunch of bullshit that you don’t actually need and arguably makes your life worse for you and shorter just because you’ve grown accustomed to it.
If you want to own a house and a car in a developed country, with property taxes, insurance, house repairs, car repairs etc etc etc, $1M won’t cut it. If it was, I would have retired years ago.
Need more than just a million to retire comfortably. Though, I guess if you did it on the cheap in a less developed country, it might be possible.
That truly depends on what you mean by “comfortably”. You can very easily survive the rest of your life “comfortably” on $1 million. Unless your definition of “comfort” includes a bunch of bullshit that you don’t actually need and arguably makes your life worse for you and shorter just because you’ve grown accustomed to it.
$1M is plenty.
If you want to own a house and a car in a developed country, with property taxes, insurance, house repairs, car repairs etc etc etc, $1M won’t cut it. If it was, I would have retired years ago.
You are wrong, but that’s okay.
See, that’s your problem right there.
A 105" TV, a pool, a guest house, boat, new phones model every year, latest tech etc. How else do you live comfortably? /s
Maybe if by “developed” you mean capitalistic.