Quote:
Originally Posted by Shazam
Of course I'd retire tomorrow. And so could you. And you'd be able to do all the things you want to do for your family.
You just suck so bad with large amounts of money you have zero idea about how to handle it.
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Well, I'll chime in. There's no way I retire tomorrow if I came into $4m tonight. I know that this is a hot take incoming, but not many people should. I think that people need something to retire to, which is a significant issue, and there are some social issues at play here, too.
I believe people need a reason to get out of bed in the morning and they want to feel productive. I'm not saying that you should stick around doing the same job you have today if you hate it. But the reality is that people who retire to "just hang and chill" are the people who also die early. It's not healthy.
But there's another factor, aside from kids, that a lot of us have to consider as well. You come into a whack of cash today. None of your friends do, so sure, you're going to travel and play golf or whatever...alone? That's a terrible idea. And yeah, you can make new friends, but I don't know if that is a solution either. I like my friends and I like hanging out with them.