Achieving a sense of calm and confidence in facing life's crises varies from person to person. Generally, having a substantial savings cushion, such as $500k, can provide a solid foundation. Beyond that, it's crucial to learn how to effectively manage investments, especially in the stock market, to generate additional cash flow. Ultimately, the amount needed depends on individual goals and aspirations in life.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
