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re: If you were given 5 million dollars tax free today, would you keep working?
Posted on 3/21/24 at 3:53 pm to Thundercles
Posted on 3/21/24 at 3:53 pm to Thundercles
realistically, CD's/high yields are paying 5%$ so 2.5m in... is 125....
Then 2~ in the s and p.... take 500k and buy into some vacation homes/potential air b and b opportunities... I would never be seen again at the shop that's for sure!!
Then 2~ in the s and p.... take 500k and buy into some vacation homes/potential air b and b opportunities... I would never be seen again at the shop that's for sure!!
Posted on 3/21/24 at 4:00 pm to Thundercles
Probably but I’d quit taking call for sure.
Posted on 3/21/24 at 4:03 pm to bonescanner
quote:
I would for a while
would buy into the company I presently work for. agree to hire and train someone to replace me. while allowing that $5M to double (or close to it). then, have money not only for toys/trips/etc. for me, but have enough to be sure family and friends can enjoy it with me...when I feel like having others around.
Posted on 3/21/24 at 4:03 pm to Thundercles
After the BS I've dealt with today...not a chance in hell.
Posted on 3/21/24 at 4:04 pm to Thundercles
Yep, the benefits I get are hard to beat. I could double that 5 mil by investing half of it over the next ten years and then retire
Posted on 3/21/24 at 4:06 pm to Thundercles
I’d quit for a lot less than that.
Posted on 3/21/24 at 4:14 pm to Thundercles
Yes I would but, definitely would take more time off to travel more. Would probably retire earlier than planned though. I work from home though and my schedule is flexible. If it was an office job then hell no, I wouldn't work anymore.
Posted on 3/21/24 at 4:16 pm to Thundercles
Keep same job, invest the money and retire in 8 years.
Posted on 3/21/24 at 4:17 pm to Thundercles
Switch it up most likely. Something more 9-5, M-F. I’ve never had a job like that…
Posted on 3/21/24 at 4:24 pm to Thundercles
I'd buy a nicer house and work as little as is required to keep my benefits (30hrs/week I think).
Posted on 3/21/24 at 4:44 pm to Thundercles
I’d work long enough to tell them where I left their truck, keys, computer, phone and credit cards.
Posted on 3/21/24 at 5:06 pm to MRTigerFan
quote:
I'd buy a nicer house and work as little as is required to keep my benefits (30hrs/week I think).
But why?
Posted on 3/22/24 at 3:19 am to Thundercles
No. Diversify In a few good dividend accounts and live off of 5-10K per month forever.
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