I mean, it depends on what kind of life you want to have. Do you want to live in a luxurious villa? Or do you think you could do well in an apartment? Do you want to eat some gourmet food made by your very own chef? Or are you planning to cook yourself and maybe sometimes eat outside? In any case you probably want to have some extra stack of cash somewhere because anything can happen in live. And don't let people know that you've hoarded that much money or people will come after you asking for money.