you could donate a hundred thousand a year to charities, use two hundred thousand each year inflation adjusted, and have it last until you die, probably.
Assuming you put the money in a basic ass savings account at bank of America (average us savings account gives .46%apy) thar is a gain of 4.6 MILLION a year. So you would need to out spend that just to start losing money. High interest accounts can be up around ten times that at 5% so 50 million a year would need to be spent to lose money.
Stock market averages 10% yearly returns not including dividends. So a cool 100 million a year in play money.
Brought to you by math gang that knows how insane being a billionaire is.
you could donate a hundred thousand a year to charities, use two hundred thousand each year inflation adjusted, and have it last until you die, probably.
Assuming you put the money in a basic ass savings account at bank of America (average us savings account gives .46%apy) thar is a gain of 4.6 MILLION a year. So you would need to out spend that just to start losing money. High interest accounts can be up around ten times that at 5% so 50 million a year would need to be spent to lose money.
Stock market averages 10% yearly returns not including dividends. So a cool 100 million a year in play money.
Brought to you by math gang that knows how insane being a billionaire is.