How much money is enough?

How much money is enough?

  • Nothing, I don't need money

    Votes: 5 1.5%
  • R50,000

    Votes: 5 1.5%
  • R100,000

    Votes: 6 1.8%
  • R500,000

    Votes: 0 0.0%
  • R1,000,000

    Votes: 2 0.6%
  • R5,000,000

    Votes: 24 7.3%
  • R10,000,000

    Votes: 52 15.7%
  • R20,000,000

    Votes: 86 26.0%
  • R50,000,000

    Votes: 51 15.4%
  • More than R50,000,000

    Votes: 100 30.2%

  • Total voters
    331

MartinGB

MyBroadband Staff
Joined
Jan 31, 2020
Messages
409
Reaction score
639
How much money is enough for you to have a comfortable and enjoyable life without a financial burden weighing over your head?
 
Pity you had R20m and then R50m. I would have said about R30m to replace my income at 4% drawdown per year with some left over for luxuries.
 
This is subjective. Most people usually adapt depending on what they earn and make the lifestyle changes. Going from higher to lower salary is tough though.
 
Pointless if we're heading the same way as Zim. Would rather have small gold coins, ta.
 
Fiat currency is not enough. You need whole coins and diamond hands.
 
I think around R50 000 per person / month after tax would be nice. That would be comfortable, even though still not enough to cover all private services needed to survive in Africa.

A R100 000 per person / month will get you good security, some electricity, medical care, trasport and insurances.

Anything above R100 000 and you can emigrate.
 
I think around R50 000 per person / month after tax would be nice. That would be comfortable, even though still not enough to cover all private services needed to survive in Africa.

A R100 000 per person / month will get you good security, some electricity, medical care, trasport and insurances.

Anything above R100 000 and you can emigrate.

How you figure that?
 
So is this the calculation?

Reasonable greed X Estimated-years-left-to-live X ( max-expected-inflation-level-in-last-year-of-life / 2 )
 
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