If you had $100,000 US dollars, how long can you survive in America without work?
Say you justed migrated to America, you choose a nice town or city (reasonable cost of living), rent a place and live normally. How long before your $100,000 runs out? Include interest you make from putting it in a bank savings account. Some of you guys give 2 years? So, in other words you need to make at least $50,000 a year, otherwise you die? Is it so easy to make $50,000 a year?
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- depends on where you live and the tyoe of lifestyle you wanna live. but i say you could live comfortable for maybe two years.
- i wish i had 100,000 right now so i didnt have to work, at least for a little while!
- Probably 4 years if you are very careful with your money and don't overspend on anything.
- NYC...2 yrs. Muncie, Indiana...4 years
- In the southeast (where I live) you could probably get by for 2 years if you lived very cheap.
- About 4 years if you keep to a budget.
- Considering the just-migrated part of your question and the need to buy furniture, a car, and all those sorts of things right away, I'd have to say maybe 2 years at the most. A cheapskate could probably get 5 years out of it.
- I lived for a couple of months on a nickel once. So that kind of mullah would be a boon for me. Send the check to ...1234 Acorn street. LOL!
- 4 to 5 years.
- There are many Americans who somehow manage to survive on about $10,000 a year actual income, so if you invest your $100,000 in a stock index fund that has historically returned around 10% a year, you could theoretically survive in America without ever earning any extra money through a wage. If you put $100,000 in a bank savings acount, it will earn next to nothing, so how long it lasted would depend on how fast you spent it.
- I would open a bank account first and live off the interest for starters. surviving is a matter of choice is it not? I am not American but have been to LA and San Francisco, 2 beautiful places to visit, but the poverty is unreal, those people are surviving. I think you would live well if you chose wisely to put your money in a bank or term deposit and live off the interest until you found a job considering also if you needed to buy new clothes and if you lived in a big or little town. I suppose you had better ask an American. One thing I can say, you won't starve as the food is reasonable and the portion sizes are huge. I only ate 2 meals a day. As I kept my leftover breakfast for lunch. haha good luck with a more reasonable answer to this question.
- if you buy a house in upper michigan for like $50,000, you could survive pretty long, maybe 3 to 4 years. it depends how you live and what your material wants are.
- Anywhere from 1 year to 4.Assuming you have no children or you're not a sugar daddy.
- about 6 months.i love shoes and clothing.so i would probably buy a room full of shoes.and then i would probably buy a house in Dubai or qatar.and then the rest would go to charity.
- It really depends on the lifestyle you choose to live.
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