Can you just lie down and relax after earning 10 million in the cryptocurrency circle?
Assuming you have 10 million in cash and the deposit interest rate is 2.5%
If you spend 500,000 yuan a year, it will be enough for about 35 years
If you spend 300,000 yuan a year, it will be enough for about 66 years
If you spend only 250,000 yuan a year, you will still have 10 million yuan when you die
As long as you don't pursue high-end consumption, 10 million in cash is basically enough for you to have no worries about food and clothing in your life, and you can travel freely in China
Year Principal Balance (RMB)
Year 60 1,553,980.70
Year 61 1,343,829.72
Year 62 1,129,975.46
Year 63 911,374.03
Year 64 688,088.13
Year 65 460,090.34
Year 66 227,342.60
Year 67 -10,187.92
In this calculation, the principal is exhausted in the 67th year, so there is no need to continue calculating to the 70th year. This means that at an annual interest rate of 2.5% and an annual consumption of 300,000 yuan,
the principal of 10 million yuan can support 66 years of consumption.
It depends on your consumption level.
If you spend 1 million yuan a year, you definitely can't lie flat.
If you spend 500,000 yuan a year, including the interest on financial management, it's enough to spend half a lifetime.
If you only spend 300,000 yuan a year, you can lie flat without any pressure.
Even if you spend 300,000 yuan a year, it's the ceiling for ordinary people. Except for first-tier cities, most families in second- and third-tier cities have an annual income of less than 300,000 yuan, and this is the labor remuneration they get in exchange for selling their time and work. If you have this 10 million yuan deposit, you can earn 300,000 yuan a year at home, and you still have your own time. I wish you all achieve wealth freedom in the currency circle as soon as possible.
Let alone 10 million, 3 million is enough to live comfortably. With the rapid economic development in the past decade, although the per capita disposable income has more than doubled, it is still very low. It takes decades to save 3 million from salary, and it is even more distant to save 10 million. Therefore, people who have 3 million now don’t have to worry about inflation and currency depreciation, let alone 10 million.
