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

Why, on average wouldnt you be giving reparations to people that are “retired early” already?

No

I would keep working at least until the kids are out of high school. $5 million is great and would reduce the amount of stress in raising kids and paying for their education, and as I work I can continue to build that $5million into something more that I can use to travel more and hopefully pass on to my kids.

I would invest in training for my new career that I would love and would also end up paying more than my current job

quote:

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

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I’m under 40 and plan to put 3 kids through private school and college (none even in kindergarten yet).

I’d never work again with $5M.

If I could make 60k+ and still get off three months a year, I could do a lot of other jobs. I enjoy teaching, but it’s not my life.

So yes, I’d stop working, put away enough to live off the interest, and fix cars, build furniture, hike, etc. for the rest of my life. And I’d be happy.

I will quit working this time next year
I will not have 5MM dollars

so yes, I would quit working

I'd like to think that I would, but in reality I'd most likely quit immediately. I like my job alot, but the first weekday that the weather was good and the fish were biting I'd probably be done.

I wouldn't finish out the day

I’m about 10 years from retirement. House will be paid off in 4. I would keep doing what I do now til house was paid then look for another position within my company with less stress and responsibilities, which obviously would also come with less pay and finish out the remainder of my 10 years. The 5 mill would be invested that whole time and my already planned comfortably retirement would become really comfortable.