I really love my job, so I wouldn't stop doing it. Once I hit 40 or so I'd buy our dream home in New Zealand, but I would absolutely keep working.
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If you were magically given a 5 million dollar salary per year, how long would you work?
- Thread starter entremet
- Start date
5 years min - 10 years max.
Invest a solid chunk of it to generate generational wealth, and then fuck around with side projects for the rest of my life.
Invest a solid chunk of it to generate generational wealth, and then fuck around with side projects for the rest of my life.
Can I quit, take a little time to look for a job, then get another one? Or does it have to be continuous employment?
I mean, I'd probably stay at my current job and pay them to change my job desription to something less stressful but still being around people I like (also working from home most of the time).
I mean, I'd probably stay at my current job and pay them to change my job desription to something less stressful but still being around people I like (also working from home most of the time).
Yeah exactly something like this and I'd do it for a long time. Full time 8 hours a day? 8 hours walking and getting 5 million a year? I'd be in great shape and rich
So I get $5m and I get to move my job from part to full time? I'd work for years because I love what I do. I just wish I could make it full time. Then I'd donate 4 of the 5 mil a year to local schools.
Five million??? One year would probably be enough. I'm not sure even sure i could spend half of that in my lifetime.
Probably 3 - 5 years. It would be enough to be well off and I could keep making money by investing a lot of my earnings.
if your rich at that point.....what taxes?
I'd do probably 5 years
OP
OP
yeah pretty much. That said, I would guess that i would work for a couple of years and start investing in real estate / investments and start generating passive income asap
With that kind of money I'd work for 5 years and during that period, run a side business to make more money.
With the accumulation made I'd invest, donate to charity, fund science and travel around the world. Live a comfortable life.
With the accumulation made I'd invest, donate to charity, fund science and travel around the world. Live a comfortable life.
I love my job, so I would do it until I die unless something else more exiting comes along and I am already wanting to do that for the 45k euro a year I earn now, so I would gladly take a 5 mil a year and invest a little bit of it into projects or donate most of it to people far more deserving of it than I am.
Probably 3 years. After taxes and living off 3-4% per year that should be around $225K-$300K a year. That's more than enough to do basically anything you want (within reason).
Hey! Can I borrow $25k for a down payment on a house? I have a settlement coming in that I can repay you, and have a letter to verify. I just need the money right now for the house.
I'd work forever given those conditions. If only to be able to donate the funds I don't invest or need into worthy charitable causes.
I'd probably work for as long as I could.
Even if I get more than I need myself, I could use the money to help others.
I don't really mind working as long as it's not in some hellhole. I'm okay with my current place. I suspect I'd get bored out of my mind if I retired too early anyway.
Even if I get more than I need myself, I could use the money to help others.
I don't really mind working as long as it's not in some hellhole. I'm okay with my current place. I suspect I'd get bored out of my mind if I retired too early anyway.
Full time job? I take my old arcade job back for 5 mill
Work there til i say time to travel the world all year long
Work there til i say time to travel the world all year long
