WILL U BE ABLE TO SURVIVE WITH 1MIL IN A LIFETIME
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I AM NOT ABLE TO
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WHO THE FUCK CARES?
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1 mil rupiah cannot le.
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if only i have a chance to show it to you...
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zhi you far weiOriginally posted by forum_dude:I AM NOT ABLE TO
(see kan)
bcos ya got a luxurious 'you ting' and a fountain overflowing with molten liquid gold, designers' diamond studded clothes, private jet with a full-time pilot, servants so they could attend to you every sec, u feel like ur a king every now and then -
WHATEVER
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erm if if I got one million I'll put in bank earn the interest, go out and work part-time, and if not happy sack the boss.
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Buy all the annuities you can with 1 million and i think you should be able to survive...
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live like a poor man and u will definitely be able to survive wif 1 mil for 80 years
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assuming that a man can live upto 80yers old and there are 365days in a yer thus 29,200 days.
1,000,000 / 29,200 days =$34.25 you can spend per day.
can survive...even more than enough if the person continue working and know how to save or invests with the money....low risk 99.9 percent profit banking or investments. if he/ she dun work then not enough..esp when there are emergencies and something unexpected crops up that requires money to tide over.
so the answer is 'yes' and the answer is also 'no' -
Depending on what age you obtain the 1 Mill, and how you use or "play" with the money.
It's possible. -
Me have worked out before on my lifelong expenses based on basic needs...
Me would need 1.3M to survive through based on a maximum lifespan of 80 years...
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Should be able to, after scrimping and saving.
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Aiyo.. Save in bank.. 0.05% interest also got 50k more a year lor.. More than enough for me to survive for my whole lifetime..Originally posted by ndmmxiaomayi:Should be able to, after scrimping and saving. -
aiyo don't argue anymore...u all all giv me 1 million i try see can survive or not lor...80 yrs later i tell u all the answer
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1M ? Should be able.
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confirm can la. dun spend much work part time
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cept price of everything will go up over 80 years....so will be able to ive on it now....but not in 60 yearsOriginally posted by pipipopo:assuming that a man can live upto 80yers old and there are 365days in a yer thus 29,200 days.
1,000,000 / 29,200 days =$34.25 you can spend per day.
can survive...even more than enough if the person continue working and know how to save or invests with the money....low risk 99.9 percent profit banking or investments. if he/ she dun work then not enough..esp when there are emergencies and something unexpected crops up that requires money to tide over.
so the answer is 'yes' and the answer is also 'no' -
Tell you what...... you give me the million and I'll tell you can or not 20yrs from now..... How
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decades ago 10 or 20 cent can buy one bowl of noodle right?Originally posted by mikecola:cept price of everything will go up over 80 years....so will be able to ive on it now....but not in 60 years -
considering the basic neccessities...mayb true...so its still open ended. the threas titles 'survive with 1 mil if u hav it now'. if you invest wisely and still continue working that should work around the prob of inflation and increase in standrd of living.Originally posted by mikecola:cept price of everything will go up over 80 years....so will be able to ive on it now....but not in 60 years -
at the rate the government charges the people, i'll be broke next year!
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fuk that. only a poor bumb would probably will.
buy a 400k house. + rest on food and supply on 50% damage goods. -
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To deal with this problem objectively, let's make a good thinking..
Assuming if you put 1 millon SGD into the bank for F.D, probably you can get interest of up to 4.5 to 5%.
So that gives you say $45000 per year. The inflation rate per year is roughly about 2%. So from the $45000, have to deduct $20000 and put into the $1000000 so as to make sure that inflation doesn't affect your initial capital. You left with $25000 divide by 12 months, you get $2000 plus back per month!!! How can you not survive?