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Reply to "Anyone else as irrational, have 18 M net worth but want to keep working "
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[quote=Anonymous]I was in your position about 10-12 years ago. You are caught in the rat race. You make so much money and while you likely objectively spend a lot, you make so much that your net worth is rapidly increasing. And the more you accumulate, the faster it increases. Logically you know that it is enough but once you exit you feel like you won’t ever be able to get back in. Therefore, you are afraid. Working a few more years can easily change your net worth by several million which massively increases your buffer. So, I set a target that I objectively knew was extremely solid and also subjectively felt like it was definitely enough. And then when I hit that number I knew it was enough. For what it’s worth for me that number had to get literally everything I could possibly want. And I had to be generating the income to afford my lifestyle from 3 different income streams. I could have definitely retired on $10M or $20M but I was young and while that money was objectively plenty it wasn’t enough to do everything I wanted in the lifestyle I was accustomed. And since I was still young there wasn’t a need to compromise. [/quote]
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