At what number will you quit and just enjoy your money?

At what number will you quit and just enjoy your money?

For me I could make a nice life at $15million

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invest 5 mil into low index funds and take 10% a year, 500,000$ a year

>15m
lol, 1m is literally enough to buy a nice house and put w/e is left in some low risk investment to live off with the gains

I guess I wasnt clear, I would stop investing altogether and just live

I would cash out if I had 200k. Not all of it though.

I'd cash out about 120k to open a small cafe, buy a nice car and travel the world.

Leave 80k to try and make some more easy money before the bubble pops. If I lose those 80k, I'm good with a running business and a nice car.

10M after taxes. Ideally 15M after them.

$3-400,000 is a figure I think about a lot, as that's the amount at which I could buy an apartment, and then rent it out and start making guaranteed passive income for life.

I could easily retire with 1M

wouldn't that count as just live tho? You literally just give it to the bank and they make low risk investments for you, you just show up and collect the money

Fiat money is collapsing there, dont cash out and get caught holding the bag. Keep your wealth in crypto and precious metals unless you want to buy assets

>120k to travel the world
Go where Haiti?

I guess, but really I understand for a mill you can live pretty well, but I guess im just greedy

You sound like a massive faggot

I can prolly live for the rest of my life with 500 000$ if I buy gold with it

$1m and id switch jobs
$3m and id quit job to travel

$837,263.

Once I get to 1m crypto and 1m cash I am retiring and just living off the crypto gains.

4 Million
In North America you won't last till retirement and cover your kids and grandkids college fund with anything less if you're banking on passive income only (without additional wagecucking)

probably a good 3-4mil would be enough. a very average house would cost $400-500k and maybe $30k on a car and then just live off the returns of the rest of my capital and do w/e i want

200k

I honestly expected higher from Veeky Forums, maybe taking inflation into account a little more, wanting more things.

Why that amount exactly?

Kek ill be happy with 300k

These are numbers people probably give to quit their wage cuck job. I would quit with $2mil, but I would keep actively investing $1mil and probably try to start my own business as well. I just would keep $1mil in safer investments so I don't have to wage cuck 40hr/week.

Sauc?

No you won't. I'm at 220k, and am unwilling to stahp.

If it goes up to 1million per BTC, then I'll call it quits.

>$837,263
yeah, at 1m I would just take a lesser position in the company and basically be a shitty worker.
At 2m I would go to a low wage job that benefited society
I would keep aggressively investing until I could cash out with 15m

>having kids

50M after taxes

i want apartments and houses all over the world. i want a fleet of nice cars. i literally want to just travel around for the rest of my life going to museums and concerts and nba + prem league games whenever the fuck i want. build a world class recording studio and buy hundreds of instruments and release indie and experimental albums. collect a bunch of historical artifacts. read all the time. play cool games when they come out. sponsor scholarships for athletes and philosophy majors at my college.

not worth it for me to quit at 3-4M i could get that thru my career in a few years.

I've got a fat stack of NEO that generates about 1 GAS per day. I'm really hoping I never have to sell it. I've got 4 other positions with the potential to get to at least 2M value by next year. I'm waiting for the 12 month mark to pass for taxes but $2.5M after taxes on any combination of these other holdings and I'm cashing out as fast as possible. That will be enough to pay off the house, the rental properties (plus buy a few more) and everything else. This has been a crazy ride but I can see a light at the end of the tunnel.

/new/ question, wouldnt you pay capital gains/ income tax on that sum

I'm just going to keep going whilst this shit is still going and pulling it out as I go.
Already comfy as fuck now though and I'm getting fed up of property so I might let it build up some more.

discord gg/pFGxB6r join this for 69% more gains

Congrats on your stack, wish I had that. What do you feel about the dividends of THOR from VEN/T?

It's enough for me to buy a modest house outright, pay off debts, and quit my job.

is this a porno and if it is for the love of god SAUCE

I just need enough to quit working for someone else. I'll get a few nice, shiny toys, but honestly, I just want the freedom to say "fuck you," without financial reprecussion, to anyone saying I owe them something.

Poorfag here, if I even made 10K it would help a lot , I would murder the few remaining credit cards I have ( about 2500) , be able to book a cruise , and put a few grand in savings . I wouldn't " quit" but if the market blew up after I made 10K I'd be in a good place.

Nice user. I only generate about 1 GAS per week. I'd love to have that much and never have to work again. GAS would need to hit $1000 with my current stack in order to be comfy.

ill cash out most once i have enough for a house then wait for the housing market to dip buy and rent. then start trading again, rinse repeate till i have 10 million dollars worth of property

Fucking dreamers ITT

4 million nigger

3-400,000 you could either do that, or start some car rental business (like Audi A3, Bmw 3 series, Benz CLA250) and grow from there.

I don't understand you 'HURRR I NEED 15 MIL' idiots. You know that you still have a whole life ahead of you, right? As soon as you have enough to live off, just fucking retire, invest it in something with guaranteed returns and do something you're passionate about.
Maybe you want to draw? Great. Make music? Great. Make games? Great. All of those will even give you some additional income. And you'll be happy. You don't need 15 million you fucking idiots. I hope you never make it, since you are obviously not able to be happy without spending millions on useless shit.

As of now my portfolio is worth $1500 and I'm mining Garlicoin for the next few weeks and then on to Nicehash ($5/day post electricity cost)

Is there hope? Will my ETH VEN FUN BAT BTC hodligns 100x?

Yeah this. The thing is, I need over $0.5MM just to get started, I think this is entirely doable for me this year. My next caps are $2MM properly diversified. I'd prefer $6MM to be /extracomfy/.

this , but realistically if i can flip and ride enough profit waves to about 10mil ill do it, i hit 125k for my ath , obviously down after the crash, but being able to make that in just a few months is insane.

id realistically pay off any debts, buy a house for mom and dad, pay off their debts and then let them just retire.

myself on the other than id still want to work and do what i love but at least i wont have to worry things like rent etc

working for passion rather than working to constantly be survivng.

15m doesnt really seem like that much if you think about it.
What can you leave to your kids.. my bad many of you are still kissless hugless neet virgins lol

Sauce is a tv show called Danger 5. Episode Johnny Hitler.

delusional retard

at $1.5 - 2M (after taxes) I pull it out and move to conventional investments. Live the rest of my life at a middle-class level but without having to ever work a job again. That's all I want. Actually think it's possible, about ~30% of the way there so far

I'm already 40. I wager I've got at most 20 more years in me, if I'm lucky. Not a single male in my entire fucked up bloodline has lived past their 50s.

$1MM is all I need to retire eternally, and that's without even considering interest. I could live out the rest of my short life just burning principal. And if I actually got the $1MM I doubt I'd live more than 10 more years before I'm burned out from all the coke and underaged thai hookers.

1 million (before taxes) takes most people 20 years of full time work. Do you even realize that? And they still live a good life. Has crypto completely destroyed the last bit of sanity you had?

I have a kid and plan to have another but I literally don't give a fuck about leaving them an inheritance. I haven't received anything from my parents/grandparents, and don't plan to. It's not necessary.

Raise your kids properly, send them to a good school, or teach them about business, let them find their own path through life. I think leaving them with enough money to never have to work or learn any responsibility is the most evil, terrible thing a parent can do to their child.

I'd be happy with 2 million might keep a quarter mil in the market to see if I can become stupid rich but I think I could live comfortably off the interest on 2 million.. also I have a rental property and would likely purchase at least one other rental and build my dream house (4 wide double deep garage with sick loft apartment)

Never

You could cover a ton of ground with 120k

What the fuck is your career I'd suck Harvey weinsteins dick every day for 3 years for 4 million

attorney boyo.

in 20 years they'll have you living to 80. if you make it to 80 you'll make it to 100. if you make it to 100 you'll make it to 500. etc.

stop fucking around you gen x fuck, we're about 25 years away from being the first generation to reverse aging

in the meantime pump your body full of epitalon not coke

all of you faggots on this entire board are thinking so fucking small compared to where your heads should be at.

2mil before taxes. I'll put 1mil into a vanguard fund or something that can pay me 10% a year, use the other 300k or so to pay off debt, move into a new place, and sustain myself until I start getting my monthly or quarterly passive income checks.

Can vanguard funds really net 10% a year? What even is it? My goal was always 2 million after taxes to live off a 5% return rate from stocks, real estate etc.

3M

Still slam retards for speakers out of my van for the lulz.

>low index funds and take 10% a year
>10% a year
nice knowledge of traditional investments and portfolio management you have there

1.5 million

Buy an apartment complex with 20~ units and live off 20k~ a month income by doing using a rental agency

If you have no debt and no bills 20k a month is equal to unlimited money

This, what conventional investment/asset nets 10% a year?

I'm not sure if you can even buy a house for that in Vancouver anymore, lol.

me so sorry friend!
t. chang