Reply to At what net worth level were you lo longer concerned about losing your job?

Forum Index » Money and Finances

Reply to "At what net worth level were you lo longer concerned about losing your job?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]NW about $7M, late 40s/early 50s. Still concerned about losing my job. Had anyone told me when I was in college that I would be making as much as I do now, I would have laughed at them. But the lifestyle grew with income, and it feels bit like  “golden handcuffs” now. Give me another 10 years and I will stop worrying. Alternatively, if by some magic, my worthless [b]penny stock[/b] that I bought earlier this year becomes the next Amazon handing me $5M, I would stop worrying right now :)[/quote]

Same here as we're mid 40's/early 50s.  We have about $5m in stocks, I have another $2m in my pension fund (fully vested) and we have about another $1.7m in real estate net equity.  I know I could conceivably stop working/lose my job now but I'm not quite comfortable as we have 1 in college and 2 more about to head off (and each one has their own college plan fully funded to about 300-350k).  If i work another 7-8 years, my pension will be at least $3.5m.

Funny, I wonder if we have the same penny stock - I'm hoping that it hits as I can absolutely leave the work force tomorrow bc it would be windfall of at least $20m on top of everything else.[/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