Want to add any more conditions? The original poster said, "$1M is not enough to never have to think about money." and I think that statement given the levels of poverty, inequality and injustice on this globe is frankly disgusting. Vote me down all you want, it's a cliche that the truth is a bitter pill but there you go. In the normal course of events one million dollars would be riches beyond their wildest dreams for most people on this planet and would let anybody in normal circumstances live out the rest of their days very very comfortably. Unless, they are greedy. In which case, nothing would be enough.
My family used to be pretty poor. By "poor," I mean, "not enough to eat." So yes, I know a bit about injustice, and I'm still going to stand by my statement that a million dollars, in the United States, is not enough to never have to think about money again. I can't throw away the conditions of not wanting to help out my elderly parents, or wanting to afford the best treatment for myself if I get cancer, by the way, without turning into one of those greedy heartless bastards you dislike so much.
How about this. Do you think a single mother working at minimum wage in Detroit is well-off? She's making what, $50 per day, which is 25 times as much as your hypothetical Somali, but I think someone as concerned about social justice as you are ought to realize that with her "exorbitant" wage comes a shitty standard of living. Using currency as a metric of well-being is not enough.
I think we're talking at cross purposes here my friend. This single Mum in Detroit, say she is making $50 a day, ok? But then I give her a million bucks. She can buy a cheap house, invest the bulk of it and practically live off the interest even after insurance and bills so long as she didn't decide that all of a sudden she wanted nice cars, nice holidays, nice clothes, whatever. I'm not arguing that there are poor all over the world. I'm arguing that a million dollars is enough to set anyone up for life anywhere in the world. If you are telling me with a straight face that in normal circumstances in the States that you don't think a windfall like this is not enough then I am startled.
That said, how the hell much is health insurance in the States. Maybe it really is a lot more than I realize. I guess I'm used to universal health care but all the same - get the million, buy a small house outright, keep your expenses down, and invest the rest (like 800,000) and live off the interest. That's got to be doable :)
If you're not from the States, then you have no right to say how much is enough, or is not enough. I've done the math. If I want to be able to take care of my parents, any children I ever have, and myself, then a million dollars is not enough. If your hypothetical single mother has a child with cancer, or gives birth to a child with a disability, she's utterly fucked in the United States.
