Here in Australia, it’s costing our family of five about $100k a year to live, excluding our mortgage. 4% return ($80K) is conservatively realistic here (for low risk investment), and still isn’t enough.
Like I said, while it would’ve set me up with a house and no debt, I’d still have to work to pay for the cost of living.
Here in Australia, it’s costing our family of five about $100k a year to live, excluding our mortgage. 4% return ($80K) is conservatively realistic here (for low risk investment), and still isn’t enough.
Like I said, while it would’ve set me up with a house and no debt, I’d still have to work to pay for the cost of living.