When do you say "I've earned enough, its time to retire" and what do you do?

[Anonymous]

jeeze, stop bragging. nobody cares.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

exactly. Not sure how I'd occupy myself day in and day out without working if I didn't have more money than I do now, particularly as a relatively young retiree (by the time I'm 70 maybe I'll be happy to just volunteer a bit and garden and such). As I said, different strokes, but I'm sure I'm not the only one who feels this way, so as one PP suggested you have to figure out what you'd need to have the life you want in retirement and work backwards. I have had many relatives who retired and then just sat around bored until they died.

So, you're saying that you make LESS that $250,000 per year now, and that's fine to live on, pay your mortgage, etc., have some fun, and save for retirement - but you wouldn't retire right now, today, if you had $10 million?

Sorry, but that's nuts. To paraphrase Ferris, a woman with such screwed up priorities doesn't deserve $10 million.

We make more that $250K, and if we had $10 million, I wouldn't go into the office to turn off my computer. And I like my job.

Also, a decent financial planner should be able to get you an average return of 6% per year, so that's an average of $600k/year. I'm sure PP could make do on that.

Please suggest some decent financial planners! I'm desperate but nervous about relying on one.