how fast could you spend a million? Lottery winner was broke within 2 years. now dead

[Hugh_Lebowski]

43. I didn't say not at all, I said not THAT life-changing

To me life-changing money means I can quit my job, up my standard of living considerably, and not have to worry about money the rest of my life unless I'm really stupid with it.

I think a person would be unwise to quit working if they only got a million dollars. The MUCH smarter thing to do would be to keep working, sock that money away, and consider it your retirement fund.

You let it sit for awhile w/o touching it, then you're going be set up for MUCH more comfortable retirement when the time comes.

In this situation, the main increase in your standard of living involves not really needing to set as much aside every month for retirement. Whatever that buys you.