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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]Because we want $10m to retire.[/quote] Why? Give us an outline of your retirement plans and why you need that much to achieve them, then explain why those plans are so important and desirable that they're worth giving up more of your prime years working to achieve them. I'm genuinely curious. After all, time is limited--for all of us.[/quote] You know the answer, you will inevitably hear how people love their jobs and how boring their lives will become without working. If you make crazy money and love what you do, why not? This is the answer usually given. Is this completely made up internet slop or does it have a dose of reality? :lol: I know there are some people for whom it's true, especially when they can set their hours, work part time and don't feel like they are missing on life, time with family, travel, exercise, friendships, etc. (because they have to spend most of their waking hours at a job and commuting). I can’t speak for others but this was true for me. I sold a company in my 40s and could’ve retired. I honestly never considered it. I liked working, was good at it and worked another +20 years. I admit that I lost some appetite for risk taking and turned down some opportunities that would’ve had me working even harder. I don’t think that my eventual retirement date was much impacted by my NW. [/quote]
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