Billionaire attorney John Morgan says the real “set for life” number is $30,000,000 invested plus a paid-off house. He breaks it down using the 4% rule: $30M × 4% = $1.2M/year, which he claims can fund a “sheik-level” lifestyle if you have no mortgage.

#JohnMorgan #4PercentRule #FinancialFreedom #PassiveIncome #Wealth #Investing #Money #Retirement #MillionaireMindset #PersonalFinance #networth

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Journalist Andrew Ross Sorkin, who has written books about the crashes of 1929 and 2008, shares his advice for how to prepare for the next financial crisis.

“The truth is, you will be much more successful as a professional optimist than as a professional skeptic… If you had kept your money under your mattress, you would have lost.”

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