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I define it as having an amount of money that I can live well pulling interest off of. We all define "living well" differently, but for me it's a decent upper middle class lifestyle. I'm not interested in lambo and yachts. For me, the ticket is 5 Million.
I live, and will continue to live, in a state with a low COL, so even pulling 3% off of that 5m in interest per year gives me 150k in income in additional to what we already earn. The house is paid off so no real "major" monthly bills. I think the 5m is both reasonable and attainable at some point.
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'19 /// M5 Competition
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