Disliked{quote}I concede, a JOB (Just Over Broke) does not earn much, and by that comparison $13M is certainly an unattainable sum to achieve from work. Be mindful, wages have not kept up with many other costs, including housing: https://www.businessinsider.com.au/c...-prices-2018-3 Also as I said earlier, the sum total of $13M is not as significant as what ROI you can sustainably achieve on that sum. You need to factor in the rate of inflation (loss of purchasing power) and corporate taxes (30% in Oz) on your ROI. I think...Ignored
Australia is in a housing bubble in capital cities. Since you had 13 million, no need to work, a decent house outside capital cities around the 500K mark is easily attainable. If you want to live in Sydney/Melbourne, then $1.1 million still buys a nice house there.
Sorry man, gotta tell you, $13 million, it's a shitload of money for 1 person to make with a 50K outlay, plenty enough to retire on here in OZ, more than the average division 1 lottery win, and more money than most people here will see in their lives.
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