2006-07-23 20:13:16 · 10 answers · asked by Manda K 3 in Society & Culture ➔ Other - Society & Culture
If it's American, then quite a while. Put it into the bank at 5% interest (this is a made up number, but will give you an idea). You will be getting $250,000 a year off of interest alone (if I got my numbers right). Even if you manage to spend that much a year, every year for the rest of your life, you will have $5 mil to leave to whatever relatives/decendents/charities you wish to give some money to.
2006-07-23 20:18:53 · answer #1 · answered by josh3383 2 · 1⤊ 1⤋
this relies upon on what they ensure to do with the money. in the adventure that they prefer to stay an fairly lavish existence-sort, they're going to run out of money very right now. in the adventure that they prefer to stay ordinary, they're going to continually have money. If the man needs to stay properly yet no longer in an severe seeing that. Their money ought to very last them until eventually they can get on social safe practices with the right funds and making an attempt to keep besides as make investments. i'd say in case you purchase a house or motor vehicle. Pay for it completely in funds this way you avert each and every of the more effective funds you're making by using utilising credit or leasing, personal loan etc. purchase ONE homestead it fairly is gigantic no longer six. purchase a pair outstanding automobiles, no longer ten! Do spend lavish yet in a life like way while you do not finally end up bankrupt like MC Hammer. honestly, he isn't any longer broke. He might want to no longer be a wealthy person yet he does ok. it truly is going to very last for the existence time assuming that you purely spend a small percentage each and every twelve months. 2% each and every twelve months (50 years) this implies residing large yet on a funds. No outrageous spending each day or some thing.
2016-11-25 20:58:48 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Forever. The typical individual uses an average of 2 million in their lifetime. You just have to be careful.
2006-07-23 20:17:09 · answer #3 · answered by billybetters2 5 · 0⤊ 0⤋
Nobody feel he or she had enough money. 5 million dollars, to somebody may be very, very, very, good but on the other hand it can be "peanuts". Simple answer, it all "depend", you can spent it at one go or one night. It can also last for donkey years.
2006-07-23 20:52:21 · answer #4 · answered by James Louis 5 · 0⤊ 0⤋
If you don,t have family to share it with, it should last till you die, if you spend it properly.
2006-07-23 20:19:22 · answer #5 · answered by Anonymous · 0⤊ 0⤋
If you sit on it; a lifetime. i.e. your lifetime. But I suspect that your heirs will fritter it away, in double time.
Dan.
2006-07-23 20:18:40 · answer #6 · answered by Dan S 6 · 0⤊ 0⤋
depend how u spend it...
from a few days to many years
2006-07-23 20:17:38 · answer #7 · answered by Violet UK 4 · 0⤊ 0⤋
In my hands? Not long. LOL
2006-07-23 20:16:48 · answer #8 · answered by askme 4 · 0⤊ 0⤋
i'd prefer to challenge myself to see how SHORT it can last.....
2006-07-23 20:17:11 · answer #9 · answered by visionary 4 · 0⤊ 0⤋
how long you got?
2006-07-23 20:16:08 · answer #10 · answered by mrmoo 3 · 0⤊ 0⤋