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Re:Ask HN: So, you have a million dollars. Now what? by elv on Monday March 23, 2009 @11:49AM (#528699)
aim for 5% annual return, leave 2,5% for inflaction, and you'll be forever free with 25K/year yea you should carefully pick up your bank or your freedom could vanish in the next credit crunch :)
Re:Ask HN: So, you have a million dollars. Now what? by anamax on Monday March 23, 2009 @01:57PM (#528917)
You're going to be paying taxes on that 5% so you're not going to net 25k.
Re:Ask HN: So, you have a million dollars. Now what? by vaksel on Monday March 23, 2009 @12:12PM (#528729)
is that 1 mil before or after taxes?
Re:Ask HN: So, you have a million dollars. Now what? by sho on Monday March 23, 2009 @12:22PM (#528743)
What do you mean, now what? "Now what" is you go and make the rest of the money you'll need to buy a decent apartment in any world city. A million bucks ain't that much anymore and you certainly couldn't retire or anything, unless you plan on living in a lower-income country.

On the bright side, you won't need an angel investor for your next startup..

Re:Ask HN: So, you have a million dollars. Now what? by Allocator2008 on Monday March 23, 2009 @12:08PM (#528725)
"Two girls at the same time."
Re:Ask HN: So, you have a million dollars. Now what? by Allocator2008 on Monday March 23, 2009 @04:31PM (#529137)
To whoever downvoted this: this was a JOKE, a quote from 'Office Space'.
Re:Ask HN: So, you have a million dollars. Now what? by xiaoma on Tuesday March 24, 2009 @01:43PM (#530456)
It's almost as if they decided to JUMP to CONCLUSIONS.

And yes, that is very much on the topic of what to do with a million dollars-- You can fund your business idea... even if it's terrible. Earn a million dollars and you can start marketing Jump to Conclusions mats.