@blessbrenda For a person under the age of 35 who is either a) “homeless” or b) indebted to a mortgage, the minimum should be…
Double your current wage (or whatever take home that enables you to live comfortably) and multiply that by remaining years left to retirement.
This minimum should allow you to be mortgage-less and live within your means.
That could be anywhere in or around the 2 million mark.
If living within your means is not an option, granted winning such an amount, a blow out is to be expected, you’d need to add another 2-3 million on top of a 2 million euro winnings.
So we’re ballparking 5 million euro minimum for a person under the age of 35 to retire and not excessively spend.