Ya know..if I got 4 million and was left say ? 2 million after taxes I could live like a king for the rest of my days...you must have massive debt if 2 million couldn’t keep you a float for your remaining years...I put out less than 15 k a year for all bills...2 million would be a God send to most!
Then you must not have a mortgage, eventual major home repairs, medical bills or children or aging parents. Those suck up a lot more than the mundane daily living expenses. And as you age, you WILL experience more medical expenses.
I budget for EVERYTHING, including putting aside 2%+ of the price I paid for my home for maintenance every year. That is counted as an expense item (moved into an earmarked savings account) even if I don't do any major maintenance on the home in a year. $171,500 x 2% is $3,430 just for that category.
Several other similar categories are accumulated for the eventual expense, especially a category for major appliances and home furnishings. You don't want a $4000 bill for a refrigerator/freezer to hit you blindside when your old one goes out.
A million dollars isn't what it used to be. $2 million should be considered a minimum retirement nest egg. And social security solvency is going to come demanding the bill some day soon. That income source is not reliable.
Like most unqualified people who come into an unexpected windfall, if you don't budget for what you have and expect, not even a couple of million will do. You will burn through it like a ghetto welfare rat in no time. Read the stories of people who've won $100's of millions and were bankrupt within 5 years, or had other major money problems.