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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Retired people generally are:
- Relatively old
- Have similar aged retired people to hang out with 
- Have kids that are grown up and moved out
- Feel content in what they've accomplished in life

Unless those things are true it's pretty unpleasant to retire.

We're late 30s with way more than $5M, but what would we do with our time if we retired? We're relatively young, our kids are still in school for 10+ more years, and our friends all still work. We also feel like we can do interesting things in our jobs and get paid a lot of money for it. So we both continue to work.

Also fwiw $5M is not very much to stop working at an early age. The Trinity study wasn't looking at 50 years of retirement, and a family of 4 living on $150k is not much when you consider that most people who reach $5M before retirement age probably made a lot more than that.[/quote]

[b]$150,000 after tax guaranteed with a paid off house [/b]is not tough to live on comfortably, even in a HCOL area, unless you've got 2+ kids in 60k/yr private schools. [/quote]

No. I want to keep my high tech stocks that have served me so well for decades and build generational wealth to hand off to my children.

You're that troll who keeps posting year after year thinking 5M can be drawn down like this, and who thinks everyone wants to just spend their own money and to hell with the next generation.

It tells me you're not anywhere close to 5M.

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