How much money do you guys feel you need to be financially independent?

Let's say you want to be financially independent at 45 yrs old. How much money do you need invested. Assume you spend about 60-70k per year. Please take into account a conservative 5-6 percent on your return.

How much money do you guys feel you need to be financially independent?
To generate $60K per year, I'd want about $1.5million in a well diversified investment portfolio ($2million if you were fairly conservative).





If I wait 10 years, I'd need more income. Therefore, I'd want a larger nest egg....probably 50% larger ($3million to $4million).
Reply:I want a big business so I will need like $1million.
Reply:Donald Trump has described it as one million dollars passive income per year.
Reply:To be financially independent, you wouldn't need any money.





So I guess the answer to your question is, zero.





Geez. Where do you people come up with these questions!