im not super conservative with my money (i.e., i don't do t-bills, and other "super safe" investments).
i am just dollar cost averaging into index funds, like ive always done. I anticipate that I'll get anywhere from 5% to 15% per year, compounding.
i also have pre-tax income of roughly $500k. i still abide by my financial plan as if my windfall didn't exist. we save about $100k a year.
im around 31, so im hoping that the combination of these two will lead to enough accumulation in wealth by the time im 40 that i can retire early and live off investment income.
by my current calculations, assuming increases in compensation (and retirement contributions) that match inflation, and based on my current war-chest, I should have between $8.1m to $19m by the time I reach my 40s. If I average out investment gains to 8% compounding, we're looking at $10.5m.
By that point, 5% gains should give me around half a million to live off of every year. And anything higher is icing on the cake.
And I can definitely live very well on that budget. That's basically life now. And life is good.
i'm not going to tell u what to do, but just sharing my experience.
other people made a lot of money doing similar bets in crypto. they decided to launch crypto funds, buy altcoins, do more investing.
i just recognize that i got very, very lucky, and decided to take cash off the table. ill still do some risky betting with my money, but that's with a very, very small % of my investment capital.