With 500k... You could still invest that in a dividend etf. It will give you a constant payout of around 20k per year.
That is not bad if you are able to get some Minijob also and it will still grow slowly over the years. But say goodbye to be a millionaire.
That is what I would do personally and is no financial advise. You know your life better than me. Investigate on your own.
frunf1 t1_j2d7vk3 wrote
Reply to Lost millions by [deleted]
With 500k... You could still invest that in a dividend etf. It will give you a constant payout of around 20k per year. That is not bad if you are able to get some Minijob also and it will still grow slowly over the years. But say goodbye to be a millionaire.
That is what I would do personally and is no financial advise. You know your life better than me. Investigate on your own.