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Reply to "Why wouldn't you retire on $5M?"
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[quote=Anonymous]We crested over $5million but lost a bunch for various reasons. Still, although I'd like to retire soon it just isn't practical, yet, even if I had $5million liquid in the bank. For one we have 3 kids at home, including one in elementary school. This requires us to provide stability and a fixed address for the next decade or so. Second, have work based obligations and agreements that will last another 3-4 years. Third, my spouse recently re-entered the workforce to a job/career that is satisfying and helps society. She's in no rush to quit. Fourth, going back to the three kids, I do feel its a requirement for us to provide for them beyond college - money for a first home, a wedding, and a chunk towards their own retirements and to pass down. All of this though and I still think about retiring allllll the time. [/quote]
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