If your deposit is 500,000, according to the interest of 3%, the annual income is 15,000, then the monthly income is 1,250, which is definitely not enough, and you have to go to work, but it should be enough for food and gas every month.
If your deposit is 1 million, then the monthly interest income reaches 2,500, and the daily interest is 83. In this way, you can barely not go to work, but your life will be a little tight.
If your deposit is 5 million, then the monthly interest is 12,500, and the daily interest income is 417. In this way, you don’t have to go to work, and your life will be more comfortable.
If your deposit reaches 10 million, the monthly interest income is 25,000 and the daily interest income is more than 800, so you basically achieve financial freedom.
