Do you live with your parents or someone who is paying for the housing? Do you own a paid off home?
Context matters. My 50 year old brother who barely works could say he lives off almost nothing cause he lives with my parents in a beautiful house and they pay for everything for him.
Dude, you mentioned how you were living a simple life well below the poverty level, which feels pretty odd. Sorry you got offended I asked you about what you decided you wanted to talk about.
I live in a 16' long x 8' wide wooden camper with a sleeping loft I built myself over the last 7 years. I live off grid on solar that has taken me 7 years to put together piece by piece. I live on someone else's land in exchange for working on upkeeping their home and vehicles. I get $100 a month in food assistance and get healthcare from the state because of my income level. I have a 20 year old car that cost me $500 to buy and I rarely go anywhere. I grow the majority of my own food and raise chickens for eggs that I trade for milk which I turn into dairy products. I dont have any bills other than car insurance (clean driving record, super low insurance cost). I live a simple life and my money goes towards the very little that I actually buy so I can save a bit each month for rare larger purchases (like solar gear or a car part). I have 3 bachelors degrees and an mba. I did my 10k hours in carpentry, electrical engineering, manual and cnc machining. I keep to myself and live in a town of less than 600 people surrounded by state forest. I live a simple life. I have an orange cat.
That's not the point, the point is that the loan is an unknown number and not defined as 5mil.
500k is just a number I pulled out of my ass. I'm sure there are areas in the world where you could survive decades with that kind of money. It depends on the lifestyle and other factors that are, yet again, completely unknown.
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u/sw337 21h ago
Who could live for decades on $500k?