Why does everyone think having 5MM is alot of money...

Why does everyone think having 5MM is alot of money? Let's be real here for a moment if you actually want to make it you need to have a great standard of living. Let's go through the list of things you need in order to make it.

House out in the wildernesses that looks like pic related: zillow.com/homedetails/4343-E-Weber-Canyon-Rd-Oakley-UT-84055/2092760378_zpid/

So that's 30 million right off the bat. Then you're probably going to want a winter vacation home somewhere up in Whistler BC because they have the best snowboarding. Something like pic related.

rew.ca/properties/W032401/6483-balsam-way-whistler-bc?direction=desc&page=1&search_id=whistler-bc&search_type=property_browse&sort=price

So that's another 7 million off the bat for your winter vacation home. Now you're probably going to want to fly first class around the world so that's about 10k per flight for you and each one of your family members so let's say you have 3 kids and a wife that's 50k there and back so 100k on flights just for a vacation. Let's say you take 6 vacations per year that's about 600k a year in flights. With accommodations you'll want to stay at the best places with the spas, drinking, 5 star michelan reward restraunts, extra activities and sight seeing so let's say 100k per destination that's another 600k so your holidays are about 1.2mm per year as well.

Let's talk super cars. I will obviously be owning a mclaren p1 so that's another 3 MM Canadian. Then just general spending money you'll want at least 500k a month for general money so you don't run out or ever feel stressed so that's another 6MM a year.

1.2 mm on vacations annually
6MM on general spending money annually
37MM on real estate
5-6 mm on cars for wealth status

So all in all you need at least 50MM to buy stuff to own but then around 10MM per year on interest to live a comfy life. So in order to achieve this you need on 5% a year you need 200MM in dividend stocks after you own your homes.

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So if this is the case why in the fuck do people on this shit board say that they will make it after they get to 5MM. Don't you guys want to have a high quality standard of life? Don't you want to be able to provide for your family and give them the best possible standard of living? I sometimes wonder why there are people who exist on this board who are not wanting to aspire to better themselves. Am I the only one on here who thinks you need at least 200-300 MM before you can reach ultimate fuck you status? And at that point can truly say that you've made it? This is my goal.

Your life will always be miserable if you are thinking like this.

The fact that you wasted your valuable time thinking about this, then worse posting it on Jow Forums shows you’ll never make it.

Have fun.

2 mill is the minimum you need to never work again. This should be everyone's primary goal.

Hurr Durr yeah that's nice. I don't want to live in a fucking 2200 square foot 1900s shitbox house. I'm sorry but some people aspire to actually live a life of comfort. 2MM can't even buy you a house with taste. I might as well be on welfare.

>buying a house

why in the fuck would you do this?

you can rent a luxury pad in the most expensive cities in the world on $2M in savings. move where you want when you want.

you can rent an entire village and a couple dozen 9/10s if you go to thailand instead of NYC on $2M

Lmao after some time every food will taste the same and every hotel feel the same. Winter vacation you can just rent for 3 weeks 20k and get a nice chalet in the alps. 1st class is a meme unless you using points or corporate cards. Business is usually enough. As for the house 30m is overvalued and unnecessary unless it's a big ass fucken mansion near a big ass city. And then the car. Where the fuck can you even drive a mclaren p1 without it breaking? Maybe in Monaco or some place with great roads.

I'd say 10m is the first making it point(depending on country) in terms of a luxury life. What you're describing is degenerate spending.

Making it is for me not to buy/owm fancy shit. Its about the time i unfortunately have to wagecuck away for nothing.

You get a really nice house for 200-300k (at least my country)
A car which can take me from A-B without probs 20-50k
And 500-600k in savings/stocks/whatever to cover my monthly expenses.

Its also not about not working ever again. I would just be comfy not to worry about money and can work/do what i think makes me happy.

But ok. Lets assume money wouldnt be an issue. I might try that stuff you mentioned op. But would i really enjoy it? Idk. And im not wasting my time to think about this because its quite out of reach for me. But that 1-2mill isnt imho. Not easy but achievable.

i just need enough money to rent a small apt in la and pursue my music career

making it is about freeing your mind from monetary needs. the more shit you need, the more of a slave you are. congratulations OP; you're officially worse than 99% of the people on this board

I agree that most anons are retarded thinking 5MM is a lot of money, you need 20 - 30 to be considered rich, and i think 50 is enough to live well.

Most of the expenses outlined are fucking demented, aside from the modest 37MM on homes. I think 15 is sufficient for dwellings when starting out and this can be expanded later. You should be able to pull a few million on average annually which is ample to live a lavish lifestyle

This goy reckons his general spending would be 100k a week, he would have points coming out the ass for first. I agree about the cars, you don't need them to signal wealth once you have actually made it, nobody important will give a shit, they are literally for 5MM small tier.

Five million is fucking baby money.

It'll buy you a boring self-managed pension and an upper middle class Boomer lifestyle where you can walk your dog and then jerk it to 4k Cuck porn on the biggest screen you can squeeze into your entry level MacMansion.

Fuck five million!

You can literally find homeless junkies on the west coast who'd turn their noses up at the shitty, boring FIRE lifestyle that money brings.

Go big or go the fuck home.

If you aren't aiming to have at least 20 mil by the time you're 35, you'd might as well just keep wage cucking for your average salary plus bonus.

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You will never have enough. You will never be satisfied.

Earn a million before you dream of anything else.

>If you aren't aiming to have at least 20 mil by the time you're 35, you'd might as well just keep wage cucking for your average salary plus bonus.
okay I kek'd

The first home

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You'll think that you need 200 million until you see your friend with his private 747.

Thats why i own 260,000 link tokens. Im not selling for less than $1000

This whole thread shows how retarded this whole board become to.

My friend invited me to his baby, Azzam. I have to get one too now, only costs me around 800m. That's anyway launch money for me at the age of 12.

>house in the wilderness
>30 million
Doing it so very wrong.

Hahaha obviously that kind of lifestyle would be great, but pretending that 5 mil isn't a lot of money for the average person is just retarded. If I bank a big moon off of link, I'll be keeping my eyes out for other promising projects to throw a much larger amount of money in - we'll see how req goes after having a decentralized oracle network to access, or see what kind of synergy it has with hot or some other promising platform.

>imagine being this brainwashed by the material Jew

>obviously that kind of lifestyle would be great
I disagree.
That kind of lifestyle implies hiring tons of people for upkeep and shit.
The more people you surround yourself with in your private life, the greater the risk of getting killed and/or stolen from.

I'd have a regular (but nicely secured) home in my native region, and a highly self-sufficient home somewhere out there in bumfuck nowhere that requires a plane to reach.

yeah good luck getting those 200m lmao, you'll waste your life chasing the dollar and when you're an old fuck you'll realize it wasnt THAT important. Those going after 2-10M know this, which is why they settle for low, to actually enjoy life without being a constantly stressed piece of shit

Well see I kind of agree with you there too. I have goals towards studying and trying to build a company and maybe trying to make a legacy where I would end up with that kind of income, but I'm 50/50 between that and just spending the rest of my life learning as much as I possibly can and getting into writing / art / music in a really comfy place in my own country too. It's all relative, the OP is just trying to force his "ideal situation" down everyone's throat.

I agree with you but also think i won't ever be happy consistently in life. I can be content but ill always feel like i'm missing something. Im bad at socializing. Once i make it people will pretend to like me because of my money. Is being constantly happy even possible?

>House out in the wildernesses that looks like pic related: zillow.com/homedetails/4343-E-Weber-Canyon-Rd-Oakley-UT-84055/2092760378_zpid/


>living in Utah

lol

>Then you're probably going to want a winter vacation home somewhere up in Whistler BC because they have the best snowboarding.

1.) dont give a fuck about snowboarding
2.) buying instead of renting a holiday home

cant be fucked to greentext the rest but you're projecting and assuming a lot.

I only spend 500€/600€ a month. The rest goes into crypto. I just want to keep my low profile lifestyle without having to work. So 1 million is "making it" for me.

>Let's be real here for a moment if you actually want to make it you need to have a great standard of living.
Comfy dreams here user.
A place to call mine, a car that won't fall apart on me every two years, a hefty retirement to coast to old age and eventually death and the occasional yearly luxury, like a journey or new PC + console. I don't really wish for anything more, so for me 1M is already more than enough.

no, being constantly happy would be a sign of demency or retardation. There will always be something bothering you inside, you cant quite put your finger at it. I realized after much introspection that it is the yearn inside each man to become the best they can be, the best version of themselves and then help others become so, which money doesnt even remotely accomplishes.

Don't be so fucking greedy, $10M is definitely making it

Nice bait.

OP, what you are describing is the most profoundly inane Veblen lifestyle, propped up by popular mass media and endless consumerism to the point of retardation.

There is literally nothing more sad than signaling and becoming known as nothing more than your wallet. Good luck finding a genuinely loving wife, good luck raising kids who don't see you as nothing more than an endless piggybank, good luck not ODing on hard drugs while seeking new highs of sensation as your brain is overstimulated by an extravagant life of no meaning.

This life has no goals and no meaning. Humans are built to achieve and to strive. Getting rich and just fucking off into NEET land is the stupidest thing you can do. Nothing but degeneration and personal atrophy await you down this path. Do not chase the dollar for the sake of the dollar.

Set real goals and undertake real adventures that leave you with a fulfilling life you can look back on and leave with a smile.

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Wisdom right here. Looks like OP suffers a severe case of Mammonism

How? I need at least 7m per year for vacation

You have retarded standards and you will never be happy.

There is about a zero chance that any one here including you will achieve that kind of networth. Even if you did it would not have been worth the sacrifice.

Also none of that you posted is important at all. You can live a comfy life with a family for 30k/year in a low cost of living area

bro if you're buying a $30m home in Weber canyon, you're doing it wrong. Try something in Ogden valley, or Eden.