For a while I've had a plan to retire. The details are fuzzy (or don't exist), but the gist is... get two million bucks. Why two million? Glad you asked.
$1M in investments. This will provide at least 10% per year ($100k) for taxes, food, travel etc. It's not big money, but it's enough to get by.
$1M in 2 or 3 housing locations. Nothing fancy, just a place for me and the wife to stay. Probably a small 1BR condo in downtown Chicago for $400, a small cottage on a lake in Wisconsin for $400 and $200 for a time share or something small overseas.
That's it. Quite a plan, eh? Ok, now to work out a plan to get $2M...
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