The Lone Star Perspective

by Matt Magee at mForce Capital​

How Much Is Enough to Have a Good Tuesday?

A billionaire was asked how much money it takes to be set for life.

John Morgan’s answer, according to a post from The Iced Coffee Hour: $30 million and a paid-off house. At a 4% withdrawal rate, he figured, that’s $1.2 million a year. Enough to “live like a sheik.”

The arithmetic is right. The conclusion is where he lost me.

Thirty million dollars is an extraordinary amount of money. If that’s the number it takes to feel safe, the problem may have stopped being financial. And calling a portfolio withdrawal “tax-free” doesn’t make it so. What you keep depends on what you own, where you hold it, and how the money comes out.

Around the same time I saw that post, I read a story Steve Kerr told about Roger Federer. The Warriors were in Shanghai, and Draymond Green asked Federer how he had stayed successful for so long. His answer wasn’t about squeezing another hour out of every day. Kerr recalled Federer describing breakfast with his kids, taking them to school, training, and coming home to his family.

He had built a day he wanted to live again tomorrow.

Federer had plenty of money. He also understood something money can’t arrange for you after the fact: a good life has to fit inside an ordinary Tuesday.

I work with people who are very good at building businesses and careers. They can tell me what their company might sell for down to the dollar. Then I ask what they want that sale to change about a Tuesday, and the answer gets harder.

More time with the kids. Fewer calls during dinner. The freedom to turn down a deal. Enough cash that one bad year doesn’t put the family on edge.

Those answers give the financial plan something to do.

Start with the life you want to protect and what it actually costs. Add room for taxes, surprises, and the people who depend on you. Work out how much your investments need to provide after other income. Then test that number against a rough market and a long life. A 4% rule of thumb can help start the conversation; it cannot tell every family they’re safe.

And while you’re building toward that number, look at your calendar. If success keeps taking the very hours you hoped it would give back, see what you can change now. Maybe it’s hiring someone. Maybe it’s passing on one more deal. Maybe it’s being home for dinner twice this week.

Keep building. Just decide what the building is for.

Thirty million dollars might buy a remarkable life. It cannot tell you what a remarkable day looks like.

Audience Spotlight

Do you find yourself in need of legal guidance for business formation or M&A work? Take a look at Matthew Walton if you haven't already.

Who I Serve

I work with growth-minded entrepreneurs and professionals who want to turn their success into lasting wealth.

Respond back here, and we can schedule a time to talk.

What I've Enjoyed Recently

This is the best Money Wise podcast I have seen yet. So many great life and business lessons. This one is worth a listen.

I have never been a huge Huberman fan, but I am now after this great interview. This should make you very optimistic about our futures and health.

​War on HBO Max; it's got potential.

​Mobland, if you haven't watched before, take a look. This is up there with Taylor Sheridan's work in my eyes.

​Brothers on Apple TV with Matthew McConaughey and Woody Harrelson

Red Tide for those that like a naval book by MP Woodward. Thanks, Jason, for the recommendation.

Until Next Time

-Matt Magee

​​​

Copyright (C) 2025 mFORCE Capital All rights reserved.

​
Registered Representative of Sanctuary Securities Inc. and Investment Advisor Representative of Sanctuary Advisors, LLC. Securities offered through Sanctuary Securities, Inc,

Member FINRA, SIPC. Advisory services offered through Sanctuary Advisors, LLC., a SEC Registered Investment Advisor. mFORCE Capital is a DBA of Sanctuary Securities, Inc. and Sanctuary Advisors, LLC.

mForce Capital - 1415 Ballinger St Fort Worth, TX 76102
​Unsubscribe · Preferences​