Reply to People with $5M+ NW, why do you still choose to work?

Forum Index » Money and Finances

Reply to "People with $5M+ NW, why do you still choose to work?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][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]

I have said something similar to friends in real life. A good friend was trying for her first in her 40s. We talked about how difficult it would be to raise that child and how not getting pregnant may be a blessing. She did get pregnant and baby and she are healthy. And she is also aware of the potential struggles that younger moms dont face. Her parents were older and both passed when she was in college, so its surprising to me that she made this choice knowing she will likely die before they reach full adult age.

You see posts on here all the time about women who are exhausted, suffering health issues, having marital problems, having life problems and then it comes out that they are 49 and have a 3 year old and its like, well yeah, duh. Your life stage is not compatible to being a mother of young kids. With lots of money you can alleviate the struggle. But it should be discussed and explained. Women in their 40s should generally not be encouraged to give birth.

I know this is off topic, sorry OP![/quote]

You sound jealous.[/quote]

Where did you read jealousy? I'm PP and had my last child at age 30. I am now close to retirement and empty nest at nearing 50. Live is great. I feel bad for women who didnt have children younger.[/quote]

Everyone gets to choose, but then you must live with the consequences of your choices.  Having at kid at45 means you are 67 when they graduate college.  If you live to see grandkids, you might not be able to actually do much physically with them.

But being in your early 50s and kids out of college is awesome.  [/quote]

Except to quote my old financial advisor you can’t be 30 when you are 60. I had a midlife crisis at 29. Got a Mercedes convertible AND a Jeep convertible! Rented summer house in Hamptons, got apt in Manhattan, went skiing in Aspen, spring break in Palm Beach, dated models, actresses. Hung out celebs. Dated several girls at once.  Went out to clubs 4-5 nights a week, in fact my friend laughed when he he met Howard Stern by accident and he called me his rich friend, snoop dog called me his rich white boy friend. Guess what I was bleeding money! Apparantly being friends celebs and dating super models expense

What if morale of story? Well got married had kids gave up that lifestyle 30 years ago and now worth 10 million, love in paid off 2 million dollar home, have paid off beach condo, but it is meaningless. You really can’t be 30 when you are 60. I look dumb,

No more pulling up in my white Linen paints, and designer silk shirt with a Cosmo model top down my Mercedes convertible 4th of July week in southampton to a hot club. Skipping last me and cover and parking right in front lawn as hey thats what I do. While Tara Banks and friends just look and go WTF. I recall dating briefly a trader on Wall Street and she was shocked at my lifestyle. I made 45k a year!!  But Apparantly getting into car crash with a rich guy and a good lawyer put me back on top.

Now that I am pretty rich for real someone who went out 3,000 to 5,000 times, traveled all over, I lost the feel of it by 35. I feel sad folks trying to be young when old, 
[/quote]

You still looked stupid doing that in your 30s. The 20s crowd was probably saying “who’s that old guy?” 29 was the cut-off age for that. Lol 😂 [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics