Reply to People with $5M+ NW, why do you still choose to work?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How exactly does someone accumulate 5 million dollars especially do many years away from a normal retirement age of 55+?[/quote]

Lots and lots of living beneath our means. Not buying the nicest house you can, not trading up when you can. Same with cars, same with travel. No “yolo, treat yo self!” attitude on everything. It actually requires a ton of disciple from both partners over and over and over again. You have to recommit every day, every year. And it wasn’t easy watching people buy amazing homes and cars and remodeling kitchens. And we had to wait 20+ years to see the fruit of our sacrifice and diligence. [/quote]

Doesn’t sound fun. I’d prefer a middle ground where I still sufficiently save but enjoy nice vacations and a nice kitchen along the way. Life is short. [/quote]

We only had to live frugally until mid 30s and then we could start spending a bit more.  But even then, it's easy not to overspend when kids are still toddlers or ES aged.  No need for fancy vacations--they won't appreciate it.  
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It's not that hard, but it depends on your salary. If both working spouses make good money, it's easy enough to live well below your means - mostly by not buying a mansion and keeping our cars a long time. Then one-time splurges are no big deal and we do enjoy those, including a new kitchen and nice vacations. [/quote]

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