About 10m. Invest that into 'safe' assets that only produce 3% a year, but do so with low risk and low overheard.
300k a year is about the right number to do everything you want to do if you are a family. Buy whatever cars you want (within reason) - travel when you want, eat what you want, live where you want.
Thats the definition of FU money.
You can do it for less, but its not FU money if you have to worry about possibly losing your fortune.
Kids/family increases the number obviously, if they go to private school/college- Add 50k/yr per kid to that figure above.
300k a year is about the right number to do everything you want to do if you are a family. Buy whatever cars you want (within reason) - travel when you want, eat what you want, live where you want. Thats the definition of FU money.
You can do it for less, but its not FU money if you have to worry about possibly losing your fortune.
Kids/family increases the number obviously, if they go to private school/college- Add 50k/yr per kid to that figure above.