[quote=FlyerInHi]
That makes me think of Syria. Imagine living a nice upper middle class life in Damascus. The regime could collapse and the country overtaken by sectarian violence to last decades.[/quote]
Good point, FIH. We have friends from London who had business interests there, and lived there off and on before the violence started. They said they never believed it would escalate to the level to which it did–making it clear that it could happen anywhere. They’re worth a fortune, and they still had to leave.
IMO, mega (or even several million) might buy you some time in a catastrophic or apocalyptic situation, but I wouldn’t bet on the funds or whatever they provide saving you for long.
Personally, I believe in making sure you are set for retirement, while still living to the max in the present. So many people wait until “retirement,” to start living, and then they never make it to that age, or can’t enjoy it due to illness,etc. At that point, even mega millions won’t make
much difference–except to your heirs.