That would only generate about $25k/yr without touching the principle or being outpaced by inflation. You can take 4% but you’d run out of money in about 30 years and $40k would be worth roughly half. But if you can live off $25k you’re good to go!
Okay maybe bit more than 1 million but I wouldn’t need much to live comfortable. Hell I watch a guys YouTube who travels the country in a van seeing amazing sites and living it up. And he does this all on a budget of like 1000 a month.
He traveled all the way to Alaska and it was an amazing playlist. Makes the life I am living seem so pathetic.
I used to watch Cheap RV Living with Bob Wells for years. I even ended up living in my RV for about 4 years while gainfully employed. I will say what you don’t appreciate from YouTube is the sheer boredom day to day and unexpected repairs are brutal. Mechanics want like $100-$250/hr for labor, plus you have parts.
Not to mention stealth camping has never felt completely comfortable to me and getting called out of my car once at gun point by the local sheriffs office was enough to chase me into KOAs.
I own RV park and have lived in a RV myself for years. But it was always in RV Parks. I now own a RV repair business and know all about the repairs needed for an RV. Good thing I can do those repairs myself.
I agree just parking out middle of nowhere is not something I could always get behind?
Sure like to hear the story behind that. Cops would scare me more that a robber.
I used to know a crustpunk that did the beet harvest every year. He’d live like a king for a few months and was homeless the rest of the time hopping trains and shit.
Well nobody is saying you can’t do other things too. Maybe youtube wouldn’t provide you stability, so you never get started.
But now with basic bills paid, maybe you start youtube, and by the end of the year, you have $100 a month from youtube. And then maybe by the end of 5 years, you have $1,000 a month extra. And now you have your stable income from the interest that’s 25k a year, PLUS the extra $1,000 a month from youtube. And instead of doing something you hate, you’re doing something you love.
Or maybe it’s not youtube. Maybe you start a band. Or maybe you make independant movies. Or maybe you do puppet shows at the library. Whatever man! The main point is, most of us do our jobs because we’re slaves to the system. We’re not doing what we love because we love it. We’re doing it because we have to.
That would only generate about $25k/yr without touching the principle or being outpaced by inflation. You can take 4% but you’d run out of money in about 30 years and $40k would be worth roughly half. But if you can live off $25k you’re good to go!
Okay maybe bit more than 1 million but I wouldn’t need much to live comfortable. Hell I watch a guys YouTube who travels the country in a van seeing amazing sites and living it up. And he does this all on a budget of like 1000 a month.
He traveled all the way to Alaska and it was an amazing playlist. Makes the life I am living seem so pathetic.
I used to watch Cheap RV Living with Bob Wells for years. I even ended up living in my RV for about 4 years while gainfully employed. I will say what you don’t appreciate from YouTube is the sheer boredom day to day and unexpected repairs are brutal. Mechanics want like $100-$250/hr for labor, plus you have parts.
Not to mention stealth camping has never felt completely comfortable to me and getting called out of my car once at gun point by the local sheriffs office was enough to chase me into KOAs.
I own RV park and have lived in a RV myself for years. But it was always in RV Parks. I now own a RV repair business and know all about the repairs needed for an RV. Good thing I can do those repairs myself.
I agree just parking out middle of nowhere is not something I could always get behind?
Sure like to hear the story behind that. Cops would scare me more that a robber.
Is that the dude that does the beet harvest once a year?
I used to know a crustpunk that did the beet harvest every year. He’d live like a king for a few months and was homeless the rest of the time hopping trains and shit.
I onced watch a guys stream that would hitch hike around the country. He once jumped trains as well.
Huh no don’t know that one.
This is the one I follow: https://youtube.com/@trentthetraveler
Well nobody is saying you can’t do other things too. Maybe youtube wouldn’t provide you stability, so you never get started.
But now with basic bills paid, maybe you start youtube, and by the end of the year, you have $100 a month from youtube. And then maybe by the end of 5 years, you have $1,000 a month extra. And now you have your stable income from the interest that’s 25k a year, PLUS the extra $1,000 a month from youtube. And instead of doing something you hate, you’re doing something you love.
Or maybe it’s not youtube. Maybe you start a band. Or maybe you make independant movies. Or maybe you do puppet shows at the library. Whatever man! The main point is, most of us do our jobs because we’re slaves to the system. We’re not doing what we love because we love it. We’re doing it because we have to.