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by petersalka
5670 days ago
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Maybe we need to find a clearer definition of FU money. It should most likely be the value of current, highly liquid assets that ensure one's long term financial security and independence. A steady income of $250k a year should be enough for most people to enjoy a very comfortable life and potentially build up a certain amount of wealth. But what happens if you loose that stream of income (due to illness or a change in economic or political factors)? You may run out of your accumulated savings quite quickly and in turn loose your independence and security. So far, the suggestions have been:
$2 million,
$6 million and
$20 million. |
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