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Reply to "Why do people with millions of dollars still work?"
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[quote=Anonymous][quote=Anonymous]For us, worth $10M (then deduct $1.5M home paid off, $1M for 3 kids 529s - still middle and high school). So we are roughly $7.5M investments. We will work until all kids are out of college in about 8 years, and we will be roughly 60, and hopefully be closer to $20+M. Plan for kids to go to grad school, but that is covered in the 529. We live in a smaller house in a popular area near metro and nightlife. We do save about 1/2 our salaries, and one of us makes much more than the other (one is a government employee) and the other a professional. [/quote] You only have 18 years left before you’re 70. You really want to use 8 of those years to get another $10M? What’s the point if you don’t have an extravagant life and actually need it? [/quote]
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