Day dreaming about $1 million a year salary

[Anonymous]

Sigh...It's an anonymous board...would anyone who has that kind of HHI or near it care to share what their budget/spending looks like?

[Anonymous]

Maybe stop daydreaming about being rich and enrich the life you've got.

[Anonymous]

with that type of salary read salary except to be on-call working constantly. Divorce almost guaranteed at some point. Spouse and any kids will hate you. Trophy wife an option but that gets old fast. Get ready to die lonely but hey at least you have money to buy you happiness.

[Anonymous]

Not very different from making $250, but with a lot more savings. Also, when you see how much you pay in taxes, it might make you very angry.

[Anonymous]

Anonymous wrote:with that type of salary read salary except to be on-call working constantly. Divorce almost guaranteed at some point. Spouse and any kids will hate you. Trophy wife an option but that gets old fast. Get ready to die lonely but hey at least you have money to buy you happiness.

I know a few people with this kind of salary, including DH, and some of what PP said is true but not at a higher rate than lower earning couples.

[Anonymous]

Anonymous wrote:with that type of salary read salary except to be on-call working constantly. Divorce almost guaranteed at some point. Spouse and any kids will hate you. Trophy wife an option but that gets old fast. Get ready to die lonely but hey at least you have money to buy you happiness.

That's only for the lawyers. Plenty of other professions that aren't that rough on family life.

[Anonymous]

Anonymous wrote:with that type of salary read salary except to be on-call working constantly. Divorce almost guaranteed at some point. Spouse and any kids will hate you. Trophy wife an option but that gets old fast. Get ready to die lonely but hey at least you have money to buy you happiness.

+1 except edit to say "buy your pseudo-happiness"

[Anonymous]

I wouldn't want that kind of income. A lot of negative shit comes with that kind of money. Hell, that actually starts to happen around $500K income IMHO.

You tend to lose your sense of reality, you start to think you're smarter/better than everyone else, you expect others to treat you differently, spouses start to get bored and stray which becomes a lot easier when you have that kind of cash to throw around, and you ruin your kids futures because they start to think that 3 luxurious vacations a year is common-place and normal.

[Anonymous]

Anonymous wrote:I wouldn't want that kind of income. A lot of negative shit comes with that kind of money. Hell, that actually starts to happen around $500K income IMHO.

You tend to lose your sense of reality, you start to think you're smarter/better than everyone else, you expect others to treat you differently, spouses start to get bored and stray which becomes a lot easier when you have that kind of cash to throw around, and you ruin your kids futures because they start to think that 3 luxurious vacations a year is common-place and normal.

Meh this hasn't really been my experience. Maybe only applies to a certain personality type.

[Anonymous]

Anonymous wrote:I wouldn't want that kind of income. A lot of negative shit comes with that kind of money. Hell, that actually starts to happen around $500K income IMHO.

You tend to lose your sense of reality, you start to think you're smarter/better than everyone else, you expect others to treat you differently, spouses start to get bored and stray which becomes a lot easier when you have that kind of cash to throw around, and you ruin your kids futures because they start to think that 3 luxurious vacations a year is common-place and normal.

It's ok to be jealous, but since you've never had this income, how on earth would you know what it's like? Seems like you just tell yourself how awful it is so you don't feel bad that you don't earn so much. Money doesn't buy happiness, but it helps A LOT.

[Anonymous]

Anonymous wrote:I wouldn't want that kind of income. A lot of negative shit comes with that kind of money. Hell, that actually starts to happen around $500K income IMHO.

You tend to lose your sense of reality, you start to think you're smarter/better than everyone else, you expect others to treat you differently, spouses start to get bored and stray which becomes a lot easier when you have that kind of cash to throw around, and you ruin your kids futures because they start to think that 3 luxurious vacations a year is common-place and normal.

We have that HHI and I think the worst thing that’s happened so far is that family members know you’re rich and try to take advantage of you and expect you to just give them free money.

[Anonymous]

My DH made that kind of money for a lot of years before retiring. But our lifestyle was really established when he was making about $300,000 a year and it never really changed even though he was making a lot more money. The big spend above that was paying cash for college and graduate schools. What really changed was our net worth and his ability to retire at 60. We are spending more in retirement (travel, vacation home, charity, gifts to kids) then we use to because you can't take it with you.

[Anonymous]

It’s not income you want, it’s assets. If you have assets of $5m you don’t need the kind of job that pays a million. You can choose not to work or to work part time or for pleasure. Total freedom!

[Anonymous]

Anonymous wrote:I wouldn't want that kind of income. A lot of negative shit comes with that kind of money. Hell, that actually starts to happen around $500K income IMHO.

You tend to lose your sense of reality, you start to think you're smarter/better than everyone else, you expect others to treat you differently, spouses start to get bored and stray which becomes a lot easier when you have that kind of cash to throw around, and you ruin your kids futures because they start to think that 3 luxurious vacations a year is common-place and normal.

What a bunch of crap! How do you know unless you've been there?

[Anonymous]

We have that HHI and I think the worst thing that’s happened so far is that family members know you’re rich and try to take advantage of you and expect you to just give them free money.

This can happen well before the million mark. Especially if you have kids.