Kevin O’Leary explained how you can live off $500K and ‘do nothing else to make money’ — but is it realistic for your retirement?

Story by Moneywise

 • 5mo • 

5 min read

Kevin O'Leary says you can live off $500K this way

Kevin O’Leary says you can live off $500K this way© Roy Rochlin/Getty Images

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How much money is enough?

According to entrepreneur Kevin O’Leary, it really depends on your lifestyle and how you invest your funds.Nectar Sleep Official Site - View Prices, Deals, and Offers

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“Do not invest in your brother’s restaurant,” he warned in an interview posted to his official YouTube channel.

“Or a bowling alley, or a bar, or all that other crap. You’ll lose your money.” Instead, O’Leary believes a person could survive relatively comfortably on just $500,000 in the bank and “do nothing else to make money” — provided that $500,000 is invested correctly.

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Hire a Veteran Day highlights resources, opportunities for South Carolina heroes

Story by Gracie Kirschner

 • 5h • 

3 min read

As part of National Hire a Veteran Day, which is observed July 25, officials and organizations are working to raise awareness about veteran employment and connect former service members with meaningful civilian careers.

As part of National Hire a Veteran Day, which is observed July 25, officials and organizations are working to raise awareness about veteran employment and connect former service members with meaningful civilian careers.© Chris Newsome

CHARLESTON, S.C. (WCSC) – Palmetto State employers are set to further reduce South Carolina’s already lower-than-average veteran unemployment rate for National Hire a Veteran Day.

As part of National Hire a Veteran Day, which is observed July 25, officials and organizations are working to raise awareness about veteran employment and connect former service members with meaningful civilian careers.

The holiday, launched in 2017, serves as a call to action for employers nationwide to consider hiring veterans, a population that brings valuable leadership, discipline and adaptability to the workforce.

While the national veteran unemployment rate currently stands at 3.7%, veterans in South Carolina are doing even better. The state reports that just 1.7% of its veteran population is unemployed.Expand article logo  Continue reading

The timing of the holiday is intentional. Approximately 200,000 servicemembers leave the military each year, many during the summer months, to begin seeking civilian employment. That’s why the holiday is July 25, the height of what experts may call “peak transition season.”

Among the organizations offering support is RecruitMilitary, a company focused on empowering veterans and connecting them with job opportunities with purpose. Chris Newsome, the vice president of government services at RecruitMilitary and a veteran himself, said the transition home is the hardest part.

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