When someone wins the lottery or accumulates over 5 million dollars. Once they have enough money they can go into retirement under the age of 30 or early 40s. After they retire, they can buy a nice house and do whatever the fuck they want without working or having the need of money again.
Will smith: fuck yeah, now that I just finished the film iRobot, Im baisically set for life.
by Hempn March 2, 2010
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When you shit, piss, and throw up on yourself simultaneously.
1. "hey man I just shit, pissed, and threw up on myself!"
2."damn you set for life son."
by they187 May 16, 2016
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