Reply to Why do people with millions of dollars still work?

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[quote=Anonymous][quote=Anonymous]You people are all insane to keep working with these amounts of money unless you have easy-peasy, seven-figure jobs that you absolutely love.

And/or kids totally change the picture.  I am single and will be retiring in a few years at age 45 with around $1.5 million and a paid-off condo (which I will be selling and then getting tf out of DC).  Even now with inflation, life for a single person is just not that expensive unless you have real luxury tastes, and trading away the vibrant years of your life for some luxury is one of the stupidest decisions imaginable.[/quote]

And yet, to me, you sound insane. Retiring at 45 with $1.5 million? At that age you better be conservative with your withdrawal rate so maybe you'll generate $45k/year from investments. I would not want to live on that. "Some luxury" is part of what makes life beautiful. I wouldn't want the "freedom" of being retired without broader financial freedom than what you'll have if you quit so young. [/quote]

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