7% is a modest return now? Ok . Let’s also pretend that inflation isn’t a thing for the next 70 years as well.There are many variables around owning a house, what he owns already, how much he has saved up, whether he gets a contract after etc but I'm very comfortable in my judgement that you can turn that into never working again with a good financial advisor (so not much work for Logue)
lets say he blows 1.5mil over that 5 years and has nothing in the bank, can still walk out with 1 mil and lets say he gets a modest return of about 7% (i'm going favourable to your side on both figures on purpose) thats still 70k a year to live on
anyway you get my point, we can turn this into an investing or financial strategy thread but theres not much point lol, surely we can at least agree its a life changing contract?