Originally Posted by ronmar
live in a 3rd world country.
if your single you can live comfortably with $500-$1k per month here in the Philippines.
Easily doable in the U.S. with even less than $500k. Not a life of luxury but more than comfortable.
EDIT: $500k = ~$20,000 inflation adjusted to live off of. $1M invested earns you as much as the average/median job (maybe a tad low) for the rest of your life. Not bad for being able to sit on your ass all day. But then again, most people who would sit on their ass would just end up blowing it anyways.