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][quote=Anonymous][quote=Anonymous][quote=Anonymous]I quit my teaching job when we hit $5m.  I just couldn't put in another 5 years.  We pay out of pocket for insurance for 3, while my DH is on Medicare.  [/quote]

Your DH is old enough for medicare and you still have TWO kids on your health insurance?? Wow. [/quote]
Can't kids be on health insurance until 26 or something? When can you get Medicare? 62? 65? It doesn't seem that bad to me. [/quote]

65. And yes, 26. So youngest age is 39 to become that parent.

It's not too bad for a man, but is a pretty bad idea for a woman. 
[/quote]

whatever. i had my kid at 47. it's fine. happier to have had them late than not at all. we're only at $3M liquid net, so will probably work for another decade or so.[/quote]

Except having a kid at age 47 means a significantly higher chance of health issues for the kid.  Anything over 35 means an increased risk, but over 40 is much higher.  So yeah, it's not really the best idea to have a kid at 40+[/quote]

Can you imagine saying this to someone in real life? That they shouldn’t have had their already-born children so late? [/quote]

No, I would never say that to someone's face in real life.  But it is something that should be discussed in general more, because there are consequences for these actions.  And more disabled kids means more of our tax dollars to educate them, pay for them if they cannot be self sufficient adults.  Just because "something is possible" does not mean it's a smart idea.

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