How much money...

[thatpfunk]

... would you have to accumulate/win/inherit/steal, etc to retire on?

[pshreck]

I think you should specify that we can't use it towards poker (which should make numbers much lower).

I would retired on around 2.5 million, right now at age 22.

[thatpfunk]

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I would retired on around 2.5 million, right now at age 22.

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That seems absurdly low.

[pshreck]

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[ QUOTE ]

I would retired on around 2.5 million, right now at age 22.

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That seems absurdly low.

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Haha, are you serious? I really love how out there 2+2 is. Im sure saying that I'm only in the 98th percentile of intelligence is also 'absurdly low'. Its 25 years of 100k a year, and you can invest a ton of it, which will only make it higher than an equivalent of 100k a year over time (adjusted for inflation even).

[on_thg]

$5 million. I figure I can earn enough income on that to live a very nicely upgraded lifestyle, and still invest something for growth.

[Yobz]

At minimum 3-4 mil or so, but I expect to make more than that in my lifetime (hopefully per year at some point) [img]/images/graemlins/smile.gif[/img]

[tolbiny]

1.25 million after taxes.

25 yrs old (i would still supplement the income part time through poker-10hrs a week)

[wacki]

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... would you have to accumulate/win/inherit/steal, etc to retire on?

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I'd do my job for free. The only way I'd do something else is if I had enough money/power to influence policies/companies. In that situation, my time would be better spent doing something other then research. So to answer your question, hundreds of millions would probably do the trick.

[Evan]

For the sake of clearity, is this before or after taxes?

[LotsOfOuts69]

Are you kidding, I would retire for 1 million, probably less, you could put that in a CD at 5% intrest and make 50,000 a year without ever touching the million.

For the guy that said 2.5 mil is low, enjoy working for the next 40 years.