mrcharlie   10 #37 Posted November 14, 2017 (edited) I'm obviously really boring but I reckon I'd give up work if I win even half a million. Divide the amount won by the number of years I would have been working and I'd still have more than enough to replace my monthly income even just from living off the capital. To me, the freedom from work is more important than an extravagant lifestyle.  Completely agree.  The biggest luxury is freedom, not silly materialistic items. Being able to retire young(ish) and be relatively fit and healthy is far batter than retiring later when older and worn out.  If we won only what we could earn for the remainder of our working lives, we'd both do it in a heartbeat.  I've no desire to create envy - a simple life would suit me just fine.  Oh, and I wouldn't give a penny to anyone, because I know damn well they wouldn't give it to me!! Edited November 14, 2017 by mrcharlie Share this post Link to post Share on other sites Share this content via...
Cyclone   10 #38 Posted November 15, 2017 Unless you're close to retirement and/or earn very little, 0.5 million wouldn't last for very long... Assuming that the we means 2 working people, it's approaching 30k/year just on minimum wage right. So that's not going to last 20 years, ignoring the effects of inflation (which will erode it even faster). Even at retirement age today most people will be hoping that they've got 20 years left I'd think. So if you're talking about retiring when still young(ish), fit and healthy, then that retirement is going to come to an awkward end when the money runs out. Share this post Link to post Share on other sites Share this content via...
mossdog   10 #39 Posted November 15, 2017 ......the old saying always holds true ,"Contentment is Wealth"..........always assuming you've got a little! Share this post Link to post Share on other sites Share this content via...
Cyclone   10 #40 Posted November 15, 2017 Contentment doesn't keep a roof over your head or food on the table. So arguably, some level of wealth is contentment. Beyond that, not so much. Share this post Link to post Share on other sites Share this content via...