Quote:
Originally Posted by mrkajz44
I remember a discussion at the office if winning $4M in the lottery was enough to immediately retire and about half of the group thought it wasn't enough?? It kind shocked me that so many people thought that.
The argument generally was, if I am going to retire young it needs to be in luxury, which made no sense to me. It's all hypothetical though - I suspect most would change their tune if they actually won.
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4 mil at 5% return is 200k per year. How many people at your work earn that in a year?
that doesnt preclude you from doing something else as well that earns money - something better than fixing the office printer every week