In theory, if you put $1 million in a high interest savings account, you can live off the monthly 1.5% interest rate, right?
Edit: Thank you for your help! I've learned that it's actually PER YEAR 😅 I'm new to this country, and I've learned a lot from this comment section alone. The next plan is to win at least $10 million, hire a financial advisor, and change my username.
I really do appreciate your help and advice ❤️
submitted by /u/Ok_Mathematician6850
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