Reply to What NW would a person need to retire by age 30 in a HCOL area?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]And if you have children what kind of an example is that? We’re in our mid 40s w/ a mid 9 figure net worth and would never consider retiring. Partially bc we want to set an example for our kids, partially bc we’ve chosen careers that we find interesting and fulfilling and partially bc we’ve been successful and if this continues, 20 more years will leave us with a large sum that we can strategically donate and set up multiple small endowments at causes important to us and where we think x amount of money will be beneficial to others long-term.

I am always disgusted when people have the goal of just quickly making money to retire. Rarely have I seen people like that be successful. Do something you are passionate about and then you won’t want to ever stop doing it. [/quote]

Genuine question, you have a mid NINE figure net worth and you wouldn’t consider retiring?  So you have over $100,000,000 - or closer to $500,000,000 if it’s mid-nine figures as you mention.  It doesn’t seem like you need 20 more years to hit your goal of strategic donations and endowments!  Not a criticism, you are very lucky to love your jobs that much and be so successful!  I just can’t imagine having over $100m and wanting to work still lol! [/quote]

Am wondering if PP meant mid-8 figures.  At mid-9s, PP can spend full time managing investments and setting up endowments and serving on boards in lieu of true retirement.[/quote]

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