Quote:
Originally Posted by JayTeeMe
Well you ldo could stop working with 100k per year coming in. But you couldn't live like a king or anything and would have to be somewhat budget conscious. No job means nothing to do all day which dramatically increases your burn rate. I know some landlord that don't have too much to do and make that kind of money. They hang out at the card club all day to kill time and do an awesome trip or two per year.
Maybe in some of the nice parts of America you couldnt live like a king, but there is a lot of the world where you would be super rich and there is a lot of America where you would still be classed as rich.
You would have more financial security than 99.x% of Americans and you could fill your days with anything ranging from netflix, to learning to cook/paint/whittle or just volunteer at a charity or go travelling in Asia for as long as you want etc.
I feel like I am taking crazy pills when 100k/yr guaranteed with nothing to do is perceived by some closer to being a hardship than winning the lottery (except better because most lottery winners end up broke)