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Suppose that you had enough money in your savings or investments to pay all of the expenses for you and your family - including housing, food, healthcare, transportation, entertainment, travel, hobbies, charity, etc.
Of course I would not work. The only reason to work and be away from family is to earn $ so you can be with them. If you no longer need to earn, you can then be with them all the time. Trust me, you can find ways to fill your time while not working (through volunteer work and just being with your family). If your kids are grown and gone or you never had them, then its just you and the spouse. Then you would just travel the world and would not think of having the need to fill your time with work. Plus, you would own several vacation houses (mountains, beach, etc) where you would spend your time when not traveling.
At 22 I received a large inheritance via a trust fund. I kept my full time job for another two years after, but discovered that the majority of money I was earning while working.. was going to pay income taxes. I haven’t worked for a paycheck in going on 6 years.
Right now I am in the South of France on a little farm that was included in my inheritance.
The other day while having my morning coffee and looking out over the landscape and watching a hand go about his chores, I wondered what it would be like to move here permanently, marry a guy like him, raise a passel of kids and just live a simpler, less complicated life in the French countryside.
The more I think about it... the more appealing it gets. Lol
Having a fair amount of money is almost a full time job in and of itself. Having it is one thing. saving it, investing it and keeping it is another. It can be quite stressful ( for me anyway).
Last edited by Sydney123; 12-02-2019 at 03:24 PM..
At 22 I received a large inheritance via a trust fund. I kept my full time job for another two years after, but discovered that the majority of money I was earning while working.. was going to pay income taxes. I haven’t worked for a paycheck in going on 6 years.
Right now I am in the South of France on a little farm that was included in my inheritance.
The other day while having my morning coffee and looking out over the landscape and watching a hand go about his chores, I wondered what it would be like to move here permanently, marry a guy like him, raise a passel of kids and just live a simpler, less complicated life in the French countryside.
The more I think about it... the more appealing it gets. Lol
Having a fair amount of money is almost a full time job in and of itself. Having it is one thing. saving it, investing it and keeping it is another. It can be quite stressful ( for me anyway).
Eventually without $$ coming in, it will deplete and you will have to go back to work. Inheritances will only last so long. I too love to travel but it's a surefire way to watch your money go bye bye very quickly.
What will you do when you retire? Are you planning to have this money last your whole life? Kids are expensive for one thing so be prepared for that. They will suck away all your money.
I have a lot more respect for people who earn their money working then having it handed to them. You didn't earn that money, remember that.
Yes, I would continue working still. I love the work I do. I have met so many wonderful in my business and I also get a lot of fun perks.
Of course I would not work. The only reason to work and be away from family is to earn $ so you can be with them.
So those who are working on cutting edge cancer research should stop doing that immediately when they have enough to retire? I don't think so.
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