This was inspired by the Eric Carmen thread, in which someone quoted an article that claimed Carmen made $600,000-$800,000 a year in royalties That seems like a huge amount. If you are the writer (and/or publisher) of just one or two hit singles, would you be able to retire for the rest of your life? I've always heard of course that songwriting is where the money is. I'd imagine Ringo Starr made more off if having songs on The White Album and Abbey Road netted him more money than anything else up to that point. But I recall seeing episodes of Lifestyles of the Rich and Famous and seeing "one hit wonders" with mansions. Obviously it helps if the song is still played on the radio and/or licensed for commercials, films, etc. But, without touring....could you "retire" off of one or two hits?