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Money and Finances
Reply to "Husband wants to take a huge paycut to join a startup"
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[quote=Anonymous][quote=Anonymous]You're liquid for $2.7mln. You can easily survive on that for 3 years, even at your current spending rate. If the startup doens't pan out, he can get another job for $600k again. His thinking makes sense to me. [/quote] But maybe some of that was earmarked for retirement or college? Especially the portion OP said was invested, "only" $1.2 was in cash. $100k a year is still income. How much will you be using from savings every month? Obviously we don't know the industry, etc. but this does not necessarily sound like a bad plan to me. [/quote]
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