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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I would start taking better vacations.[/quote]

+1, fly private![/quote]

private? with 5M NW

LOL

add a zero..[/quote]

the comments on this forum amaze me. Most Americans really do think they have more money than they actually have. 5 million is the new 1 million. [/quote]

Right?!

5M is obviously great but all it does is buy security and minimal "luxuries." You should not be driving a flashy car, flying intl first class, staying at Four Seasons, etc.

You begin to afford this once you cross 10M. Why? a 5% withdrawal on 10M gets you 500k a year to screw around with, 5% on 5M is 250k --- hardly a lavish life. [/quote]

Fortunately, I don’t think I could spend $500k a year if I tried! My family has zero desire for flashy cars or the Four Seasons. We spend about $120k/year right now. Planning a beach vacation after school gets out with teen. I agree that $5M is secure, but not crazy rich. Maybe we can bump spending up to the $150-175k level. Fancier vacations, home projects, newer cars. That seems doable and enjoyable. [/quote]

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