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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m torn. Our only child graduates in four years. Do we stay put, get out financial ducks in a row, and allow her to graduate with her friends? Or do we just pull the rug out from under her now and relocate? We for sure would eventually move to a warmer climate. We’d quit our jobs and live a simple life near the water, enjoying a peaceful life. I think I’d also enjoy a second home somewhere out west, so we’d take some time to explore those options and pick a location. Maybe something in the Caribbean, too. We’d cruise a lot, staying only in suites, taking only the best excursions. We’d stay at expensive and exotic resorts. Fly private. It all sounds so simple but to us would feel so luxurious. Travel. That’s what I’d do with a billion dollars. [/quote] You'd go on a cruise if you had a $1b. Why not buy a yacht?[/quote] Touché! I’m so out of touch with how much money that is, the thought of a yacht hadn’t even crossed my mind! Still, doubtful I’d buy one, but I’d charter one most definitely![/quote] Buying and maintaining a yacht is an example of how lottery winners blow their winnings. Even a billion will go fast if you spend it too lavishly.[/quote] Not sure you understand the scale here. After the initial outlay of $10 million, you easily have enough for 30 years or so of yachting at $2 million/year for expenses. https://theluxuryplaybook.com/costs-and-expenses-of-yacht-maintenance-and-operation/[/quote]
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