Passive Income

Welcome to the only guide you'll ever need to escape the drudgery of active income. Maybe. Well, this is a good start with some good ideas, at least!

We often hear about millionaires that are able to live off of interest and dividends during retirement. But what about people that are worth $100,000,000? What is the interest on 100 million dollars? Is the amount really as obscene as it sounds?

I used to think that a million dollars was a lot of money. Then I started this personal finance blog and began educating myself about how much things really cost today and how inflation will slaughter an underfunded retirement (did you know that things will be 4x more expensive in 40 years than they are today?).

When I was younger, my goal was to bank a million dollars and live off the interest. As I got older, reality began to set in a bit. Things got more expensive and breadth of my needs and wants got bigger. Suddenly, living off a million dollars just wouldn't work. It wasn't enough to sustain me for the rest of my life!

We often hear about millionaires that can live off interest and dividends during retirement. But what about a billion dollars? And what is the interest on a billion dollars? Is the amount really as obscene as it sounds?

Remember when you'd talk to your grandparents and they'd say stuff like, "When I was your age, candy bars were just 5 cents!" ...And now they're a dollar? Whoa.

If you’ve ever done any projections to imagine how much money you’d need to retire, you’ve probably thrown around large-sounding figures in the millions.

Are you planning to have 20 million dollars saved up before you retire? It sounds like a massive amount of money....but is it really? After all, what is the interest on 20 million dollars?

What if you had 50 million dollars? What is the interest on 50 million dollars? Is it just an insane amount of money? Or should it actually be your target for retirement? There are so many questions around the 50 million dollar amount, and we're going to answer as many of them as we can in this post. So without further ado, let's hit it. Everything you want to know about having $50 million.

What’s the interest on 200 million dollars?

Tons of people work all their lives to save up 1 million dollars. And then they have absolutely no clue if they can live off 1 million dollars or how to do it!

Have you ever had this conversation with your spouse? How much is enough? How much should we have saved up for retirement before we can call it quits? $1 million? $2 million?

Is a million dollars enough to retire on these days? How much interest would you earn per year on $1 million? And what about per month? Will it last for the rest of your life? Or will you run out of money before you die?