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Could you retire on $1 Million?

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You can if you know how to make that money grow.
yeah but you don’t have to work again.
not exactly. If you know how to build a custom financial pipeline to put the money into it and make it grow, you can continue to work but the definition of that work will change. Maybe before you were working for a paycheck but now you have the financial freedom and you can work on projects close to your heart without the end result being monetary.
this makes sense. And I agree with you now
No you can’t. Making your money grow isn’t retiring you still have to put effort to invest it
well you just don’t have to work again
in todays economy a $1 million isn’t going to put you in a position of never needing to work again unfortunately
I agree with that depending on the nation you are in
Not living in Singapore! No!
is it that expensive?
Usually in the top 3 of most expensive cities 😀
haha I believe
Not sure. Depending upon your life style you might or might not. But If you can make some really awesome investments you might. But its a bit of luck TBH
depending on the country too
Depends on many factors such as location, lifestyle, family situation... In most cases, probably no, unless you can make some good investments with high compound interest...
I totally agree with you
No, it's boring not to work.
a lot of people feel that way
Absolutely no! I target to have much more to invest further in impact-driven projects, especially in the field of cultural heritage preservation.
not a bad plan either
Depends on the country that you are living in. In US, maybe No. But in India, definitely yes.
definitely not in the US
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already done
NO. Also, whether $1 million is enough for retirement depends on factors like your lifestyle, expenses, investment strategy, and inflation.
Totally agree with your comment.
Possible, Just need to have a plan what to do with it.
yeah exactly
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