The Voluntary Life: 135 How Much Is Enough?

5 December 2013

135 How Much Is Enough?


  1. I think your friend Peter had it right when he originally planned to retire at when he accumulated a million pounds. You can retire anywhere in the world on investments of a million pounds, provided you own your home or have additional investments of 300 times your monthly rent.

    Did you ever ask Peter what changed his mind about retiring at a million?

    To me, the most important question is not "how much is enough", but "how much is too much". I have observed many rich people who, no matter how much they have, desperately want more. So often, there is personal unhappiness mixed in. Here's a news story about Australia's richest family, who are constantly bickering and suing each other despite each having more than a thousand million dollars:

    At the same time, some of the happiest people I know are not wealthy at all. But they are not living in squalor scrounging on welfare benefits; they are living within their means, from their own productivity, and with opportunities open to them.