Compared with most dreams I read here my own is going to sound slightly out of place. I would like to amass enough money in safe investments( CDs, non junk bonds, index funds, real estate etc) so that the next generation can pay for college from the annual cash flow alone. That would mean a goal of around 4 million per person before college age, assuming returns of 4% and that college tuitions rise at the rate they are now and roughly factoring in tax and all that.
Money cannot buy everything, but it can certainly buy peace of mind and freedom to do what you really want to do. You do not have to worry about how much Pell grant money is being cut by the administration. You are free to interact with the people you want to, or go skiing, or horseriding, or pacing up and down main street, if that suits your fancy.
I have a vague idea of how I might be able to hit somewhere near the goal, but my immediate goal is the rather mundane "do well on the 2 midterms next week"
13-Feb-2005