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Reply to "Why do people with millions of dollars still work?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]For me it’s not even my work that I dislike, it’s everything else about it - the waking up early getting out of your warm bed on a cold dark winter morning, crappy long commute, have to answer to other people, being compelled to to go work even when you’re not feeling it that day, 5 days week, not having enough time for hobbies, exercise, home cooking, travel, spending time with your family - at least not without feeling like your life is hectic. WFH was supposed to fix some of this but now it’s going away in most places. Also NEEDING to live in a HCOL area with terrible traffic and everyone around you is an obsessive overachiever sucks too. I ONLY work for money at this point, as soon as I have a few mil I’m gone. I don’t get people with 7+ million dollars who still choose to grind away their young healthy years in the rat race in, to be honest, a crappy city like DC (or any other HCOL area for that matter).[/quote] Once you have 7 million, you would want 14. [/quote] its not just that- we'd have to have over 10 million to generate the kind of income that the job brings in- that is why it is hard to stop at 7 mill and n top of that- you wouldn't have enough to help your kids and even Zillow and Redfin are openly admitting that people can't buy homes without downpayment help from family so 7 million seems like a lot saved up but it isn't enough when you are in your prime earning years. we moved to a LCOL city after one of us didnt make partner and bought right before covid but even here- well, I was raised UMC I have a certain level that I find normal, and I cant afford that on less then 12-15 million saved. [/quote] And yet your parents afforded it on far less, even adjusted for inflation. A house for your child is under $1M not $4M.[/quote]
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