Reply to Why do people with millions of dollars still work?

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[quote=Anonymous][quote=Anonymous]I love Succession but this is the thought that runs through my head when I watch it. [b]Why not just quit and live a life of leisure, live off of investments? [/b]I guess I'm just not a killer.[/quote]

That's kind what the very rich do.. Say you have $50-100 mil. you can buy a nice house, chill, travel and relax or buy multiple houses, some too big for your needs, employ a ton of labor, remodel a lot, etc. because you love all the busyness.  You think you can stop anytime (and can) but seldom do. Either way, you are not 'working'.  Scenario 2 is what most rich people that own businesses or at the higher echelons of a business do.  They don't have to work but do and justify it with a variety of reasons.  Everyone with a job are just peons that work to increase the value rich people's equity. Of course, they all ascribe higher meaning to that. :-)

We have about $7m and I was laid off a couple of years ago.  Was already losing interest in working anyways.  DW still continues to work at an hectic pace.  She wants to get to $10m and no amount of explaining will convince her that we'll never get there by her just working (we are mid-50s) for a few more years.  But she won't listen. Oh well! Less nagging, I suppose. Her income does help with us not touching retirement principal, so that's a good thing.  But even otherwise, I don't want a second home. Don't want to upgrade my primary home. Don't want a new/fancy car (my car is 20 years old).  All the clothes I routinely use can be replaced with a Costco trip for about $400. ALL OF THEM. I don't really like fancy food. I'd rather eat a good burger than some french or Italian crap and tip 35%. I don't bore easily. So why the F would I work?!?[/quote]

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