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Reply to "People with $5M+ NW, why do you still choose to work?"
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[quote=Anonymous]5 million at age 60 is not the same as 5 million at age 40. I am pretty frugal and would be content with a minimal retirement lifestyle. I dont care about generational wealth. I will probably retire around age 50 with around 5 million and be fine. Will have one kid in college at that stage. But, most people I know want more wealth. 5 million isnt enough for a new car, fancy vacations, shopping sprees and they dont know what to do with their time if it doesn't involve spending money. Its a different mind set.[/quote]
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