by 
kool
ANSWERS: 21
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I don't know why not. :-)
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I should think so
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Yes, if the money is invested in the right business. You can live off the interest.
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depends on what your costs are...
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no, turn it into 2 million then maybe you might live the life of a semi stressed person
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You could live comfortably just off the interest .
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Some people retire on far less. The best bet is to give up some of that money to age-sensitive annuities. Insurance companies specialize in them, as do some charitable organizations. In exchange for a lump sum of the cash they agree to pay X amount for the rest of your life, based on your actuarial risk. Five per cent is typical. If you give up half the money to such annuities then that's $25000 per year for life. Then see if you can take some risks and grow the rest of it to provide for you that much more. If you become old enough for social security then the annuity enough would suffice.
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Not living in Connecticut.
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no
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it's simply just not enough, but you can retire relatively comfortable with 1 bn dollars.
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personally, no i just want too much stuff
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Well that would depend on who you asked, i have a friend that says he cant retire on that, me personally yea i would be fine on that. It depends on how ritzy of a lifestyle you want to live when you retire.
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If you know how to invest properly yes.
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You can, but probably not comfortably. A million dollars isn't as much money as it used to be, and from what I've heard, you should have at least $2million available. It really depends on your lifestyle though.
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It all depends upon your age and your lifestyle.
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Depends on your age, lifestyle, and how the money is invested.
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If you're smart, you can live off the interest of $200K
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If you enjoy the simple things in life and don't care about keeping up with the Jones's you can live nicely on 1 million dollars.
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It will totally depend on your spending habits and lifestyle.
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Sure, if you even just put it into passbook savings, it will earn about $50,000 per year. Anyone should be able to live on that and never touch the principle.
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No. Impossible. making and having are two different things. Adonis currently sells in the west island , 180 000$ on a saturday Because he is pro , and i mean >>> haha fuk u govys>> pro a lot of that is turned into profit. BUT ur average single joe , not from a family of 12 to build a million dollars income >> will take a lot of time generaly. restaurant managers vary between 36000 - 80 000 in quebec that means 24000 40 000 and the boss paid 44000 - 98 000 differece between saliry and profit 20 000-58 000 the difference from a and b is remarkable the amount of money that is Not touch from the bosses pocket to yours if you are 80 000 is an astoshing 58 000 because thanks to d A s (in french) quebec it's not a joke go ask any boss he'll tell u he pays more then u know here back to 58 000 it's more then A's total know salary and actualy paid to make money legaly you gotta be a sucker. PERIOD
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