Verified answer

Being as you didn't give me any interest rates I took these for grins.

$800,000 annually 66,667 Monthly @ 4 %

1,600,000 annually 133,333 Monthly @ 8%

2,400,000 annually 200,000 Monthly @ 12%

These days savings a/c pay about 6% and so your income will be £100,000per month. ($200,000).

But after tax tax at 40% of income (40,000) and inflation loss of capital 3%(50,000), your real income comes down to £10,000,($20,000)pm. You will still live quite well, so carry on dreaming.