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Reply to "Would you retire with a NW of $10m?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP, my answer to your question would depend on the following factors: 1. Whether I like my current job 2. Whether the current job is demanding and takes me away from my family too much 3. Whether anyone in my family has health or other issues that could benefit from having more of my time and attention 4. Whether college funds are fully funded or not 5. Whether house is paid off 6. Whether we have any other major expenditures coming in the future that have not been saved for[/quote] OP here: 1. Whether I like my current job. [b]I feel burned out. Otherwise, I probably would not be crunching retirement numbers. [/b] 2. Whether the current job is demanding and takes me away from my family too much [b]Yes. It's a very demanding job.[/b] 3. Whether anyone in my family has health or other issues that could benefit from having more of my time and attention [b]My parents are not the youngest, so yes.[/b] 4. Whether college funds are fully funded or not [b]We should have enough for in-state tuition. The youngest has $200k in their 529. The older ones have more.[/b] 5. Whether house is paid off [b]About 800k mortgage @2.75%[/b] 6. Whether we have any other major expenditures coming in the future that have not been saved for [b]I guess, nobody really knows[/b][/quote] Retire, OP. If this isn’t enough, nothing will be. [/quote]
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