Depends on how much you need. One million dollars at a 4% SWR (Safe Withdrawal Rate - https://en.wikipedia.org/wiki/Trinity_study) = 40,000 USD a year. A lot of families are living on less.
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Depends on how much you need. One million dollars at a 4% SWR (Safe Withdrawal Rate - https://en.wikipedia.org/wiki/Trinity_study) = 40,000 USD a year. A lot of families are living on less.