Jay Honeck writes:

$1 million dollars, without so much as putting it in a passbook
savings account, will net you $50K per year for 20 years. That's two
decades.

In two decades, it will be worth only $27,000 in constant dollars. After
allowing for taxes and other expenses, it will hardly amount to anything.

I could live quite comfortably on that, without so much as a part-time
job...

You've probably already earned considerably more than that. Where is it now?