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by lstodd 17 days ago
Well you can live quite comfortably on $1500/mo in former Yugoslavia on the seafront for example. Those $100K will last what, 5.5 years?
1 comments

You need half a million 500,000 dollars @ 4% interest (major US Bank) savings account = 1666.66 per month $1,000,000 = $3,333.33 per month $1,500,000 = 5,000 per month $2,000,000 = $6,666.66 per month

So with half $500,000 US dollars you could survive on 1666.66 per month in Yugoslavia most people, however, will spend beyond that amount however, the temptation is too high. Soccer players and basketball players, well actually most people will simply not have the discipline.

we weren't talking about depositing misappropriated cash, yes?

So one ends with $100k and out of US. What can be done? Adriatic is one option. $100K will last long enough for something else to come up.

Also idk where you get data on "most people". My "most people" consider "(major US Bank) savings account" a losing proposition against even inflation.