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Reply to "Anyone else as irrational, have 18 M net worth but want to keep working "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It probably depends on your job. If you are in a senior position and therefore don't have to do any "grunt" work anymore...then working doesn't feel so bad. I think what's odd about your post is that you could easily remove all fear of a market crash by repositioning your holdings. As an example, move everything into a 30 year treasury and earn 4.6% annually (state tax free and no payroll taxes). So, earn $874,000 per year entirely risk free. I assume you are probably still saving a hefty portion of your current $780k salary, so you would likely keep adding to your savings.[/quote] DH who manages the finances has moved some to bonds. Spend is around 250-300K[/quote] So, then move most of it to bonds. I mean, you can decide to use your net savings of say $400k each year ($874k after-tax, minus your $300k spend) and go buy stocks...you will still likely keep building up your net worth to a much higher level.[/quote]
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