Mike, You get a seven-figure windfall and refuse to touch the principal and invest all of it, you’re gonna get $30,000 per year forever. It will help but does not make you so wealthy that money is just paper and you can never run out of it. $1,000,000 dollars ain’t what it used to be. With $30k more per year, you are still Mike. Content in your own skin, stoically-centered. That being said, I wish you material success and a seven-figure windfall in the future!
The Uncle Bunny Scenario
Mike, You get a seven-figure windfall and refuse to touch the principal and invest all of it, you’re gonna get $30,000 per year forever. It will help but does not make you so wealthy that money is just paper and you can never run out of it. $1,000,000 dollars ain’t what it used to be. With $30k more per year, you are still Mike. Content in your own skin, stoically-centered. That being said, I wish you material success and a seven-figure windfall in the future!