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Reply to "Can 29yr old live off $1.5 million w/working?"
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[quote=Anonymous]It is possible to live off that if one lives a very humble, sparse life. It is not possible to live off that and own even a free and clear house anywhere near here. The income off $1.5M cannot keep up the house I am guessing that he inherited. It’s the lack of social security and inflation as to house expenses that will ultimately make it impossible. Downsize to a cheap apartment or condo and work minimum wage for 25-30 hours per week, I think it would be doable. [/quote]
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