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Given current piss-poor interest rates on savings and money-market accounts and a baby's needs to consider, it's gonna take more than it used to.
$100,000 after tax from interest income / .62 (100% - 31% federal tax - 7% state tax) = $161,290 pre-tax income
$161,290 income needs / .02 (2% MMA average) = $8 million
Since I need to get my student loans and mortgage paid off and some hush money to keep people from wondering where I got the cash to begin with, $10 million is probably what I'd need to ask for.
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