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Reply to "People with $5M+ NW, why do you still choose to work?"
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[quote=Anonymous]We have little 5m in investment, paid of town house little over 1m. Close to 400k of 529 for 2 kids. We we get layoff today, we can manage and will not have so many sleepless nights. We are trying to work 4 more years if we can until the youngest enter college. We will sell the house and move to a little cheaper area than we are now. We will not depend on the location because of the high school and upset our kids because we change location. Without jobs, we have to pay maybe 40k for healthcare, withdraw money from investment we pay 25% tax right off. We are trying to stay at our jobs. Hopefully the market is not so bad in the next 4 years for us. With 10m, we will stop working right away. I don’t think we will get 10m.[/quote]
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