Re: How much money do you need?
If you only plan to live 30 years, you could make that equation work. But the lifespan of a 20-something (which is the original age range he mentioned) is easily another 50-60 years. With medical advances, that might wind up being another 70-80 years.
$3M isn't nearly enough to up and quit. Unless you do a good job investing.
During a discussion with some friends on this same topic, I figured I'd need $10M to quit my job. And I'm in my late 30s, not my mid-20s.
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