I think $1,000,000 is still enough to retire on. Live with in your means and invest wisely. Even just investing in a no risk bank CD, you would make around 5% interest per year, maybe more. That's $50,000 per year. I could live on that.
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I disagree. Investing in a CD is not investing wisely. I think the last thing anyone with a million dollars that isn't a miser would do, is invest in a CD. $50,000 a year is poverty, all your time spent will be penny pinching. It couldn't cover housing in Miami, LA, New York, or any other cities worth mentioning. #thinkbig