The so called comfort we feel when we amass so much of wealth is short lived. For instance if you are consuming ice creams, how much you will consume? There is a limit for everything. After getting money and comforts, do you mean your mind will be peaceful? No. Mind always seek changes. It will hanker after new comforts etc. You will not be able to satisfy the mind. Ultimately you will think that the money you have is really a head-ache. nagarajan. (Rather earn your money by your work and enjoy the peace with the earnings)
2007-03-18 23:09:28
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answer #1
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answered by nagarajan s 4
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A lots of professional people have that within 10 or 20 years
seen like a long time but it really isn't start something like a online business because you may over spend health problem may come up children need help all of that
2007-03-19 06:10:37
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answer #2
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answered by Linda 7
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Yes
2007-03-19 06:07:35
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answer #3
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answered by Anonymous
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Ideally you'd want to live off the interest and not touch the principle, but it all depends on where you want to live, and what you consider living comfortably. A million dollars just does not buy what it used to.
2007-03-19 06:00:47
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answer #4
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answered by Curious1usa 7
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If properly invested yes.
May I recommend some Roth IRA's
2007-03-19 06:15:15
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answer #5
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answered by Lover of God 3
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how would you like to live on 600.00 a month and pay all the bills.thats 7200 a year.that should take care of us until we are 295 years old give or take a few tears
2007-03-19 06:10:09
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answer #6
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answered by Anonymous
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I doubt it; most people would have it spent in less than ten years. If you allowance yourself to live on the interest or have other income, it can last forever.
2007-03-19 06:01:18
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answer #7
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answered by supertop 7
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Not in North America.
That is less than $20,000 a year for 50 years. (ignoring interest of course)
2007-03-19 07:50:51
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answer #8
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answered by awayforabit 5
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with better medications now day ,people tends to live
beyond $980,000
2007-03-19 06:11:40
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answer #9
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answered by kimht 6
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There's no way that's enough to live comfortably, so you're best off saving yourself the stress and giving it all to me.
2007-03-19 06:10:16
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answer #10
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answered by Anonymous
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