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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 2:39 pm to
Posted by rd280z
Richmond
Member since Jan 2007
2468 posts
Posted on 3/21/24 at 2:39 pm to
If I was young, I would keep working. Since I am not young, I would stop working and only do work on my terms, such as help out my family and friends if called upon.
Posted by GasMan
north Mississippi
Member since Sep 2003
1411 posts
Posted on 3/21/24 at 2:40 pm to
Combined with what I got on hand already I would be WAY done.
Posted by el Gaucho
He/They
Member since Dec 2010
58478 posts
Posted on 3/21/24 at 2:41 pm to
In 2026 you might be able to buy slightly better bugs with 5 million but you’ll still be living in the poverty pod neighborhood
Posted by Alabama Slim
Team Massie
Member since Jul 2007
10664 posts
Posted on 3/21/24 at 2:43 pm to
quote:

$5 million won't last long for someone middle aged or younger.


?

4% annual return is 200k a year. 4% is pretty conservative.
Posted by tiger114
Fairhope, AL
Member since Sep 2009
5235 posts
Posted on 3/21/24 at 2:43 pm to
quote:

Yes, because I love my job and the people I work with.


Posted by North Dallas Tiger
United States of America
Member since Mar 2024
13008 posts
Posted on 3/21/24 at 2:44 pm to
Sorry your job sucks balls...
Posted by poochie
Houma, la
Member since Apr 2007
6765 posts
Posted on 3/21/24 at 2:44 pm to
I wouldn't quit my job but i would negotiate that i was always on vacation but would have to answer calls.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
94749 posts
Posted on 3/21/24 at 2:45 pm to
I would probably still work about 5 more years. I still have some details to clean up.

(5 million, while nothing to sneeze at, is just not the money it was even 5 years ago.)
This post was edited on 3/22/24 at 4:48 am
Posted by DaBeerz
Member since Sep 2004
18297 posts
Posted on 3/21/24 at 2:46 pm to
I would quit what I do but do something more fun/relaxing on my terms…I can’t just sit around all day
Posted by saderade
America's City
Member since Jul 2005
26243 posts
Posted on 3/21/24 at 2:47 pm to
I would not continue with my current job even though I enjoy it overall. But I would probably work part time in some capacity doing something I really want to do.
Posted by NorthshoreTiger76
Pelicans, Saints, & LSU Fan
Member since May 2009
83500 posts
Posted on 3/21/24 at 2:47 pm to
Yes cause I would blow it all on hookers and blow
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12810 posts
Posted on 3/21/24 at 2:47 pm to
bye bye clocking my W-2. The wife would keep working though. She loves her job.
Posted by zsav77
Member since Oct 2011
6258 posts
Posted on 3/21/24 at 2:51 pm to
Hell no.
Posted by bradygolf98
Member since Jan 2021
3246 posts
Posted on 3/21/24 at 2:52 pm to
quote:

If you were given 5 million dollars tax free today, would you keep working?

I've been seeing a lot of these hypotheticals on the OT lately. Can we eventually quit starting it with "if" and make it happen
This post was edited on 3/21/24 at 2:53 pm
Posted by zsav77
Member since Oct 2011
6258 posts
Posted on 3/21/24 at 2:52 pm to
quote:

The wife would keep working though. She loves her job.


Same. My wife would work no matter how much money we had, she loves her job.

Freakin weirdo
Posted by Lou
Modesto, CA
Member since Aug 2005
8614 posts
Posted on 3/21/24 at 2:53 pm to
quote:

would you keep working?
I don't know if I would quit my job, or just stop showing up.
Posted by FredBear
Georgia
Member since Aug 2017
16851 posts
Posted on 3/21/24 at 2:54 pm to
Give me 5 mil and the only work I'd be doing is 12 ounce curls
Posted by SoFla Tideroller
South Florida
Member since Apr 2010
38941 posts
Posted on 3/21/24 at 2:55 pm to
No. I'm retiring in August. Would speed up the process 4-5 months.
Posted by Napoleon
Kenna
Member since Dec 2007
73164 posts
Posted on 3/21/24 at 2:56 pm to
No. I would retire to Mexico.
Posted by White Bear
AT WORK
Member since Jul 2014
17230 posts
Posted on 3/21/24 at 3:04 pm to
That’s like a couple million in pre-Biden dollars so yeah, a baw would need to keep working.
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