Reply to Would you retire with a NW of $10m?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]For many people who have $10m+ in wealth, they start calling the shots on their schedule. I manage my own schedule and how much / little money I make so working isn't really working because I don't have anyone breathing down my neck. At the same time, I can be monetarily rewarded for solving problems as I want to.

I think you're creating these false alternatives in terms of work vs retire. Some of us achieve a hybrid once we hit this level of wealth.[/quote]

+1  It's financial flexibility with your life.  Put another way, you make your own schedule and make as much or as little money as you want to make,[b] but if your profession was somehow eliminated overnight you probably wouldn't need to adjust your lifestyle much [/b]nor would you panic.[/quote]

This makes no sense. I make 7 figures. So while I would not be destitute if I had no income starting tomorrow, my lifestyle would change quite a bit. [/quote]

Do you have a $10MM NW?  Sure, if you don't save and spend all your 7 figures...but the OP doesn't seem to lead anything close to a 7 figure lifestyle.

So, yeah it's not 100% of people...but there are a lot that live well below their means and save a ton.[/quote]

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