danward
Member
Registered: 14th Nov 06
Location: Northants Drives: C Exclusiv
User status: Offline
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I'd buy a drift car and a Lambo, and just live off of the rest by buying random things and going out. I wouldn't quit my job though, I enjoy it too much! 
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ljames555
Member
Registered: 2nd Sep 03
User status: Offline
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quote:
Originally posted by RyanSxi
1 mil is more than most people will earn in there life. it's enough to pack your job in and live comfortably.
correct
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bigdan
Member
Registered: 4th Jan 07
Location: Jarrow (Newcastle)
User status: Offline
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get the best hooker in england 4 the weekend and then buy a M5 and a house
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ed
Member
Registered: 10th Sep 03
User status: Offline
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quote:
Originally posted by Rich_J_Williams
£1,000,000 is not really enough to just pack up and retire on, if you spent none of it you would only get in the region of £60-£80k a year, which is good but not the rich and famous life style you would think.
personally i would clear all debts, sort myself out with NIce car and house, no more than 300k so i can afford the council tax and bills etc, then i would invest the remaining money (being £600k ish) i would continue working but my plan would be to retire by my early 50's if not before.
If you bought a house out right then living off the £40k odd interest you could rack up on what you didn't spend would be very comfortable.
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Kyle T
Premium Member
Registered: 11th Sep 04
Location: Selby, North Yorkshire
User status: Offline
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300k on a house in the UK, 100k on a wee holiday home somewhere, rented out when not in use. Would get a nice but sensible daily driver - New M5 springs to mind. Keep on working for aslong as I can be bothered (just started a new job anyway, sounds exciting...) then retire nice and early, live comfortably yet not excessivley
Lotus Elise 111R
Impreza WRX STi
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Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
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quote:
Originally posted by Russ
lol robbo, not viable? 40k a year when you have no mortgage? how the fuck is 3k a month with just bills to pay not comfortable lol
not to live the lifestyle, besides, u wud have a mortgage as £40k is on the full million...
honestly, u cannot live off £1m to any level other than adequately comfortable...
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Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
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quote:
Originally posted by Colin
Buy a nice house in my area - £250-300k
Brand new 911 Turbo, VR6 my golf (runabout  ) Get jade her mini.
Possibly give the parents & my sister a few quid.
Nice holiday somewhere.
That would eat about half of it, invest the rest & go back to normal, except with a nice car & hoose
My brother from another mother 
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Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
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quote:
Originally posted by ljames555
quote:
Originally posted by RyanSxi
1 mil is more than most people will earn in there life. it's enough to pack your job in and live comfortably.
correct
Nonsense... Most people will earn 1 mill before they are 40...
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Russ
Member
Registered: 14th Mar 04
Location: Armchair
User status: Offline
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quote:
Originally posted by Robbo
quote:
Originally posted by ljames555
quote:
Originally posted by RyanSxi
1 mil is more than most people will earn in there life. it's enough to pack your job in and live comfortably.
correct
Nonsense... Most people will earn 1 mill before they are 40...
22 years at 45k? by the time there 40, most people... gtf u rich cunt 
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Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
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Bare in mind that country averages incl rich people 
Same reaosn why the average house price is almost £206k!
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Russ
Member
Registered: 14th Mar 04
Location: Armchair
User status: Offline
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you said "most" not average. fukin accountants
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Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
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Well, add a few to the average and it becomes a majority aka 'most'
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smack
Member
Registered: 7th Jul 04
User status: Offline
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buy that house in house day from oz, then build a giant Orvill statue with left over
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IvIarkgraham
Premium Member
Registered: 27th Mar 04
Location: Ellesmere Port, Cheshire
User status: Offline
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buy 1,000,000 lottery tickets
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Corsa Sport Gav
Member
Registered: 12th Feb 03
Location: Durham, County Durham Drives: A6 Allroad
User status: Offline
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id buy a house with a huge garage for the following
RS4, RS6, S3, S4, Ur Quattro, 911 GT3, 911 GT2 and a F40 and the new lambo
[Edited on 14-04-2007 by Corsa Sport Gav]
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Joe
Member
Registered: 20th Jun 04
Location: Hesketh Bank, Lancashire
User status: Offline
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Think you may go over your £1 million there Gav.
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Mistamist
Member
Registered: 16th Jul 03
Location: Gillingham, Kent
User status: Offline
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Become a loan shark
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Joe
Member
Registered: 20th Jun 04
Location: Hesketh Bank, Lancashire
User status: Offline
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I'd buy an Astra VXR and give the rest to charity.
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Online
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You need to not spend it all in order to live off the interest.
It would buy a big-ish car, a nice-ish house and enough time to enjoy them both. Nothing too flash though unless you invested it properly and worked on whatever you were backing.
I would put half in the bank and split the other half between a big house and the cars I want now but can't justify. Going crazy with it would be very regretful when you consider the advantage in life it gives you. To blow it would be to squander that advantage.
[Edited on 14-04-2007 by Ian]
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