alt Hacker NewsWell you can live quite comfortably on $1500/mo in former Yugoslavia on the seafront for example. Those $100K will last what, 5.5 years?
Well you can live quite comfortably on $1500/mo in former Yugoslavia on the seafront for example. Those $100K will last what, 5.5 years?
You need half a million 500,000 dollars @ 4% interest (major US Bank) savings account = 1666.66 per month $1,000,000 = $3,333.33 per month $1,500,000 = 5,000 per month $2,000,000 = $6,666.66 per month
So with half $500,000 US dollars you could survive on 1666.66 per month in Yugoslavia most people, however, will spend beyond that amount however, the temptation is too high. Soccer players and basketball players, well actually most people will simply not have the discipline.