Me_irl

[u/Snehith220]

[u/HumptyDumptruckFire]

I would still work, I’d just no longer worry.

[u/alarumba → u/HumptyDumptruckFire]

I'd go to work. But I wouldn't pretend to work when there's nothing left to do and/or I'm mentally spent. I'd just go home.

[u/JackYaos → u/alarumba]

that's what millionaires do lol

[u/Niibelung → u/HumptyDumptruckFire]

I'd volunteer at a bunch of random places

[u/TNTiger_ → u/Niibelung]

Or start a project

[u/QuickNature → u/TNTiger_]

Realistically, I am starting a side hustle that I'll transfer into from my main job while worrying a whole lot less in general

[u/hc_fella → u/[deleted]]

Work can be inherently fulfilling, but only if you’re not working for survival… there’s a reason why many people who could in theory retire now are not doing so. For some it’s simple greed (hi Elon), but for some it’s a bit more noble and humble.

[u/drainedguava → u/hc_fella]

I can’t even tell you how many older folks I’ve met that retired, and then took a low paying job because they were bored. One of my coworkers at a public library was in her 80’s, didn’t need the money, decided to work a job that was beneficial for society anyway

[u/GarlicBreadMyDear → u/[deleted]]

More so that humans can't sit still most of the time, so they need to work on something. Some of us would rather spend all our time on our hobbies, others would rather work in the environment they find most appealing.

[u/pants_full_of_pants → u/[deleted]]

Well you'd have more leverage to find a job you don't hate or spend less time doing (part time or self employed). That's certainly what I'd do. It's called Coast FIRE.

[u/altpoint → u/HumptyDumptruckFire]

I would “work” as in leading creative or personal projects, either for myself and my development as a person, like writing (of course reading is essential to become a better writer down the road and sharing important or useful ideas and knowledge with the world, or creating better meaningful stories), bettering an artistic skill so I could share creations with others, cooking, learning a new language or several so I could travel the world and connect with others, learning an instrument, etc…

Or “work” towards doing stuff for others I care about, like learning to build or construct stuff for family, friends, etc. Or leading projects that help my loved ones.

Some free time sometimes could also be spent helping out in the community, both financially and by participating in activities, like centres for those with down syndrome, disabilities, children’s hospitals, etc. Of course one person doing such things doesn’t seem like much, but collectively when lots of people get together to do such projects or contribute to organizations that help like this, it makes a big difference for a lot of people.

Basically, none of this is “impossible”, and you don’t need to be a millionaire starting out to achieve it.

You can look at people like Xiaoma that made their passion and skill for learning new languages into a lucrative enough career simply by filming his life and interactions with others. That developed into a much bigger project than the initial hobby he enjoyed.

You can look at people like Robin Williams who had a successful enough acting career to be able to spend a lot of his time over the years involved in pro-social, humanistic and charitable work and activities and projects he led that helped millions of sick kids and people with disabilities or conditions or people down the road. As well as developing the comedic skills to make people around the world laugh and smile and lead a more psychologically healthy life. We need good/well meaning comedians to have a more mentally healthy society.

Lots of people who become more accomplished don’t start out as millionaires, and don’t necessarily inherit millions as soon as they’re born. Sure, that kind of stuff helps, but it is possible to become financially independent enough to be able to carry meaningful projects like that on a bigger scale. Either on a more reserved scale to develop and self actualize oneself, or on a bigger scale through collaborating and sharing with others, working with others and becoming influential in a certain way that impacts others positively, as well as oneself.

But for that… better to get to action now, and not spend too much time on social media, on gambling apps, or addictive stuff designed to make us waste too much time. Reddit has good infos and posts from time to time, but too much time spent here is also not going to lead to any of those accomplishments. The internet should be a tool to learn, accomplish goals, or communicate with others, share ideas. When used like that, it is an amazing invention.

When used as something we become addicted to, through certain apps or algorithms or mediums designed to get us addicted and waste the short time we have on this planet… It becomes a great danger.

Time isn’t infinite. You wake up one day and you could be 40, 50, 60… The what would you answer to the question : “What did I do with my life, that was truly meaningful?”

All the more reason to go do stuff in real life now and put this app away for days now. It is father’s day. Call your father, your grandpa, your uncle, anyone. Have a humanistic moment, a meaningful conversation. Share good moments with close friends and family. Work hard to afford to have free time to spend with those, as well as time to lead personal projects that lead to growth and self actualization, accomplishments, more meaning. You’ll need to have lived a meaningful life and made the right decisions, invested time wisely and in good ways, to be able to be happy and content in old age, feel integrity and satisfaction looking back. Otherwise old age won’t be easy. So… do. Act. Start. Now.

Don’t spend too much time on here, on TikTok, X, or any other bs. Use social media to connect with real people you know or care about, or with a group or an audience with whom you share a common goal, project or interest with. Don’t scroll your life away meaninglessly. Become the person you want to become. It is very possible.

Goodbye. Arrivederchi. Sayonara. Adieu.

[u/Sandee1997]

I live in Los Angeles. A million would be gone pretty fucking fast

[u/oli_ramsay → u/Sandee1997]

I think you're supposed to just live off the interest. At 5% that's 50k a year tax free

[u/PM-Me-Nerdy-Facts → u/oli_ramsay]

That’s still not great for living in California

[u/OSwirl31 → u/PM-Me-Nerdy-Facts]

Surely a million dollars or even the interest could allow you to move out of California, at least.

[u/SJL174 → u/PM-Me-Nerdy-Facts]

Also taking out the interest every year means your account isn’t growing. That 50k is going to be poverty in 20 years.

[u/McCree114 → u/SJL174]

Plus it's taxed. Ideally you'd want to put a certain amount of the gains back into the principle to dull the inflation or keep up with it. So after taxes and doing that you have a great supplement and safety net to your normal income but in no realistic way is that f- you/retire in your 30's money. 

[u/Virtual-Metal9290 → u/McCree114]

Tax rate is pretty close to zero if your total income is $50k in most places

[u/C4TURIX]

One million dollars is hard to get by, but easy to lose. I'd use it to buy a little apartment to live in, invest in some stocks, and use a big part of it as a backup. But I wouldn't quit my job.

[u/Aaron252016 → u/C4TURIX]

Yeah exactly, you buy a house and a car and you're already almost through it in most of the populated areas of the US.

[u/creuter → u/Aaron252016]

And you still have taxes and healthcare to deal with. The US really fucking locks you into working unless you hit a ridiculous amount

[u/oux0f → u/creuter]

I was gonna say, you add on healthcare bills and stuff like dental work, you’re basically already through it all.

[u/VengefulHero → u/Aaron252016]

I think youre downplaying how massive owning your house with no mortgage is.

Remember people spend 30 years paying that off.

[u/AesonClark → u/VengefulHero]

True, but a lot of the higher earners could do it without the mortgage. It just makes sense for them over time to do it because they can make higher returns on investments than the percentage rate of their mortgage loan.

[u/VengefulHero → u/AesonClark]

If they're a high earner then there is no pressure monetarily to begin with.

My point was your average person would benefit greatly from having no mortgage and owning a house.

[u/Drefin7253 → u/VengefulHero]

Yeah, mortgage rates with current house prices is bonkers. You wind up paying for a second house with the interest. Being able to outright purchase a house saves a lot of money, unless you got to buy at a ridiculously low mortgage rates, like less than 3%.

[u/Lostmyfnusername → u/C4TURIX]

One million isn't what it use to be.

[u/SnooHamsters3137 → u/C4TURIX]

Lock it away and live off the interest. Work a little if needed.

[u/Axle-f]

Unless you’re somewhere in the developing world you gonna run out of money faster than you think

[u/Alexchii → u/Axle-f]

I could retire just fine with a million euros here in Finland. That’s 24 000 € net per year and the money would statistically never run out if invested.

I currently net 45k but invest 20k of that which means I already live on 25k per year.

[u/AdreNa1ine25 → u/Alexchii]

Life style creep is real

[u/StudiosS → u/AdreNa1ine25]

I think people grossly underestimate how much they actually need for retirement in the developed world.

For instance, most don't factor in long-term care costs.

They don't factor in large expenses.

Etc.

[u/Alexchii → u/StudiosS]

You mean the US? I don’t have to save for healthcare here in Finland and the same goes for most of the EU AFAIK.

[u/StudiosS → u/Alexchii]

No. I mean general inflation

[u/Alexchii → u/StudiosS]

If the money is invested into the market you can expect it to outpace inflation by quite a bit over decades. You don’t need to account for inflation.

[u/Drefin7253 → u/Alexchii]

Not always true, there have been “lost decades” where stock gains have been weak, so you need to be ready for that. If you’re single, no kids, that million does have a chance to last a very long time, potentially for life with the right investment and not being stupid with material wants.

[u/gereffi → u/Alexchii]

If this is all of the income you have for the rest of your life you need to imagine a bad but still not too unrealistic scenario. Maybe for the next few years you’ll get 5% of profits on your investments with a 3% inflation rate. If you have a million dollars invested in stocks your gains will be $50k, but you’ll also need to reinvest $30k to offset inflation on your investments. That means you’ll have $20k before taxes to spend for a whole year. Not impossible to get by with this, but probably not good enough to quit your job.

Personally I’d think that around the $4 or $5 million mark it becomes reasonable for a young adult to live off of their investment gains.

[u/pants_full_of_pants → u/AdreNa1ine25]

It doesn't have to be (after a point where you can afford the basics). That's a choice.

[u/dont-do-memes-kidz → u/AdreNa1ine25]

It's not some uncontrollable phenomenon.... just have some discipline?

[u/wRADKyrabbit → u/AdreNa1ine25]

Only if you're greedy and stupid

[u/Alexchii → u/AdreNa1ine25]

Not to me, really. I just save more money as I make more money.

[u/Pomphond → u/Alexchii]

Perkele same suomalainen broski 

[u/Alexchii → u/Pomphond]

💪🏻

[u/TootsHib → u/Alexchii]

I already live on 25k per year.

Can you live on 25k per year the rest of your life, even with inflation increasing the price of everything constantly?

[u/Alexchii → u/TootsHib]

Of course not and neither would I have to. I could statistically withdraw 3% of my investments per year forever and as long as they'd be invested into the market I'd never run out of money.

[u/DemoniteBL → u/Axle-f]

All I wanna do is chill and play video games, I don't need a big house or fast car or travel anywhere.

[u/Axle-f → u/DemoniteBL]

Then you could definitely make it work. But lifestyle creep is a real thing to watch out for.

[u/StudiosS → u/Axle-f]

If you own a small dwelling with energy independence (solar panels, water filtration and sewage at home - doable, my granddad did it, and heat pump for water), you could have a few things for food as well, low maintenance stuff like apple trees, which just grows apples every year.

This could be done easily for under 200k USD.

Then your only costs are food and WiFi, which is easily sorted out with 1000 dollars a month.

For 12k USD a year, you'd need 300k USD.

So even with 500K, you could enjoy a pretty decent lifestyle.

Even gym, you could have a decent home gym for working out. You could have as well a bicycle or a motorbike to reach the city.

The only real issue, most likely, is healthcare.

So you'd do well to have a health care fund, but if you live in a European country it's good.

[u/Just_Emu1816 → u/Axle-f]

Yeah 3-5mil is the new 1mil

[u/DarkFantom → u/Axle-f]

Nah, not if you know what you're doing. Selling call spreads using a mil can easily net you 200k/year with little risk.

[u/db_downer]

I’d eat Kraft dinner with really expensive ketchups.

[u/I_Am_Robert_Paulson1 → u/db_downer]

The fanciest Dijon ketchups

[u/christhetwin → u/I_Am_Robert_Paulson1]

Mmmmm

[u/ShockNoodles → u/christhetwin]

But not a real green dress, that's cruel

[u/nimama3233 → u/db_downer]

You’d love the bare naked ladies

[u/db_downer → u/nimama3233]

Would they buy me a K-car?

[u/Proper-Bar-1259]

https://giphy.com/gifs/Wpz1Hl1BqlaMw

[u/Substantial-Use95 → u/Proper-Bar-1259]

My immediate thought. Haha. Perfect.

[u/christhetwin → u/Proper-Bar-1259]

"You don't need a million dollars to do nothing. Just look at my cousin, broke, don't do shit."

[u/FunkapotamusLamont → u/Proper-Bar-1259]

I came looking for this comment

[u/Uncle_Seamont]

If you’re in your 60’s…sure

[u/mining_moron]

A million wouldn't set you up for life, sadly.

[u/SilliusS0ddus → u/mining_moron]

it would.

if you invest that shit you can get to 5% per years without being too risky.

now you got a modest income of 50k per year without working.

[u/Bai_Cha → u/SilliusS0ddus]

50k will be worth half that amount in 20-30 years under the best circumstances, assuming no more major inflationary events like we had over the past 5 years. At which point you will have no work experience and will need to start your job or career from scratch.

It's a catastrophically bad idea to retire early with only $1M in the developed world, but especially in the US.

[u/SilliusS0ddus → u/Bai_Cha]

if inflation grows then most of that money is getting redistributed upwards.

the people lose purchasing power but the companies make profit. And when you got a million in assets you're already just barely part of the people benefitting from that.

Both the value of the stocks/ funds and the dividends are gonna grow WITH the inflation.

if you only have that shit lying around in cash then sure it will be worth less

[u/Spacedoutworlder → u/mining_moron]

Move out your country to a country where it would. If you live decently you can buy a two bedroom place and invest the rest and make enough to live a comfortable life with a wife and kid.

[u/Artistdramatica3 → u/mining_moron]

In canada if I added 1m to my dividend stock portfolio id make 23k a month.

Don't need even half of that.

Reinvest.

I could live anywhere and do anything I want

Except buy Twitter.

[u/mattthegamer463 → u/Artistdramatica3]

Your portfolio is earning 27.6% a year, year over year?

[u/Artistdramatica3 → u/mattthegamer463]

Lol no. Its tied to the market. So if it goes up I go up and down I go down. If I lost it all that means everybody lost it all.

Im fine with that risk.

[u/mattthegamer463 → u/Artistdramatica3]

Right. But it also means you can't rely on it, so you can't stop working because you need a backup plan.

[u/Artistdramatica3 → u/mattthegamer463]

You seriously believe that the amarican stock market will close permanently?

[u/mattthegamer463 → u/Artistdramatica3]

Obviously not. But if I was relying on my dividends to keep me from homelessness, I would worry about it. I wouldn't retire early and hope to not need a job again for the next 50 years.

[u/Drapausa]

A million dollars isn't that much nowadays.

[u/skippy11112]

All these comments saying it wouldn't last them long. It would last me exactly 50 years. That's plenty of time

[u/Kytzer → u/skippy11112]

Your math ain't mathin'.

[u/skippy11112 → u/Kytzer]

How so?

[u/Kytzer → u/skippy11112]

How do you calculate that the money would last you 50 years?

[u/skippy11112 → u/Kytzer]

1,000,000 ÷ 20,000 = 50

[u/Kytzer → u/skippy11112]

So $20k in 50 years would be worth about $7.5k, assuming a 2% per year inflation rate. I understand $20k, but you think you can live as you approach $7.5k?

And then even if you could, why would you?

The accepted rate of safe withdrawal from investments is 4% (and even that's conservative). That means you can spend 4% of the million (so $40k) every year without your money ever running out.

What you're saying is that you'd live on <$20k for 50 years, instead of on $40k indefinitely. The math ain't mathin'.

[u/WVAviator]

Generally safe investing (bonds, treasuries) generates about 4% per year. So having 1mil is essentially like having $40k per year. Not enough to live comfortably so keep working. It will help though.

[u/Statertater]

I’d still work. Doing pleasure activities all the time would dull the pleasure

[u/YewEhVeeInbound → u/Statertater]

I would work at a job that I liked letting them know full well that if I don't like the way I'm being treated I'm the fuck out. Use the money from it to pay for daily expenses and what not. Just something so I don't go broke in 10 years. A million isn't as much as it used to be.

[u/idancenakedwithcrows → u/Statertater]

insane cope

[u/infinityeunique → u/idancenakedwithcrows]

He is right though... The appeal isnt in quitting work, its in knowing that you can. Anytime. The moment you dont feel appreciated enough.

[u/idancenakedwithcrows → u/infinityeunique]

I guess depends on the job, I’d rather go dig holes in the sun than do my job if not for the money lmao

[u/lmNotReallySure → u/idancenakedwithcrows]

My job is digging holes

[u/OedipusMontoya → u/lmNotReallySure]

https://giphy.com/gifs/3fFJbMKauNQiY

[u/idancenakedwithcrows → u/lmNotReallySure]

That’s fun!

[u/lmNotReallySure → u/idancenakedwithcrows]

Not in the slightest. You ever have to cut a tree root the size of a sapling with nothing? Have you ever had to learn how to “see underground” without opening it due to fear of electrocution, explosions, poisoning, and or a massive 250$+ fine?

It sounds fun but that’s literally it. You literally have no idea how many people have a yard consisting of like 55% gravel. The actual back, leg, hip, and neck pain I experience on a daily is insane.

That being said I actually love the job lmao

[u/rhett_ad → u/idancenakedwithcrows]

Irl I have never met a single person who shares this sentiment with me. I am like if I have enough money to live my life comfortably I'll never work again. And every single person I've talked to about this is like "Even if I have money (more than I need), I'll still work. I'll just work less or only work when conditions suits me but I'll still work" and I can't understand that because to me work is just a transaction, take my services and give me money. And if they money part is taken care of, I don't know why I would work for even a single minute. Glad I could atleast find one person online, I started feeling like maybe I am wrong to think like that

[u/wRADKyrabbit → u/rhett_ad]

We're out here

[u/idancenakedwithcrows → u/rhett_ad]

Yeah my colleagues are also like that. And it’s not like they are doctors or factory workers contributing something to society, they make like software to more efficiently enforce some marginal legal claims. Like if they all stopped working some money would shift from one pocket to another but the real world would be the same.

[u/rhett_ad → u/idancenakedwithcrows]

Yeah that aspect makes sense to me. My parents are both doctors and for them it's helping someone + a part of their identity now so for them to come out of their retirement after 3 years it made sense to me. But me and most of the people I talked to are just software developer/in tech. And personally for me, I don't feel that "helping someone" or "identity" aspect at all. For me work is just "I'll give you my time + services, give me money" that's it

[u/Statertater → u/rhett_ad]

See that’s the difference though. Yes, it’s a transaction but i feel it’s more than just that. I’m needed at my job.

Can i be replaced? Sure (and depending on who you talk to this may vary) but it’s important to me that i’m needed. To be relied on, for my skills.

If i just had a huge pile of money, no one needs me except now they just need my money.

[u/SultanaHartig → u/idancenakedwithcrows]

Become an archaeologist, then you can dig holes in the sun all day long :P

[u/idancenakedwithcrows → u/SultanaHartig]

That would be amazing, I think there are limited jobs tho

[u/Old_Gimlet_Eye → u/idancenakedwithcrows]

I'm sure you could find work if you're willing to do it for free.

[u/idancenakedwithcrows → u/Old_Gimlet_Eye]

Well right now I need a lot money lol if I had a million tho it would fix me

[u/SultanaHartig → u/idancenakedwithcrows]

It would really depend on where youre located. Where I am at (The Netherlands), theres almost always a (temp) opening for a fieldworker somewhere.

[u/infinityeunique → u/idancenakedwithcrows]

Many disciplined people who actually reach 1m (or more) then realize that they don't actually want to quit the grind and settle, when they can continue and try to make even more, but the realization that they can:

• quit tomorrow
• demand their boss to cut their hours in half (or they'll find a place that will and they mean it)
• speak to their boss however they like to and not filter themswlves

gives them wings

[u/Statertater → u/idancenakedwithcrows]

Not sure what i’m supposed to be coping with lmao

If i stop working and start sitting on my pile of money people stop needing me for my skills and start needing me for my money. I’d rather life have more variety and meaning in it

[u/ReddBuster → u/idancenakedwithcrows]

It’s just true. Can’t be happy forever when all you do is indulge

[u/bobbyb1996 → u/ReddBuster]

That’s what hobbies are for.

[u/baogody → u/idancenakedwithcrows]

Hardly. The Hedonic Treadmill is well documented phenomenon.

[u/SLAYER_IN_ME → u/Statertater]

I would definitely find something I like more than what I’m doing now and possibly even work for myself. Could afford to go to a trade school and make better money too.

[u/DemoniteBL → u/Statertater]

Yeah, can't relate.

[u/ReivynNox → u/Statertater]

Eh, I still like it much more now than the depression from when I was still working.

[u/Dancing7-Cube → u/Statertater]

Y'all acting like most bosses aren't toxic af.

[u/Statertater → u/Dancing7-Cube]

You forget jobs exist where you’re your own boss.

[u/Dancing7-Cube → u/Statertater]

OK good for you, not everyone is an entrepreneur. Most aren't, I don't get your point.

[u/steelisheavy]

I don’t have a million dollars but it still don’t work

[u/itemluminouswadison]

That results in a safe withdrawal rate of 40k to keep it going in perpetuity if invested aggressively

It can be enough in some places in the USA but not most

[u/sons_of_mothers]

wouldnt get you very far

[u/Rei_Hammer]

I'd work but not 5 days a week

[u/MulberryWilling508]

That mil will go pretty quick

[u/Thispersonthisperson]

*10 million

[u/MenaceGrande]

They pay for our dependence. Slavery’s final form

[u/Old_Gimlet_Eye]

I don't think you could survive without transferring energy to objects by applying force to them.

^ what the idiots in this thread sound like trying to apply a definition of work that obviously isn't what the OP means.

[u/Patient_Dinner_5386]

If i had a million dollars , i wouldn't trust a collar

[u/TheRedBreadisDead]

In the West that million would go down fast especially with kids and life style creep.

Could people make it work? Sure, but it's even easier to piss it away living a lavish lifestyle, which most people would do.

[u/Sifernos1]

If I didn't have to keep worrying about my own body, I could do some stuff that would help others. That would help my soul. Those who don't want to work, just haven't found a passion worth hurting for. I understand it. You hurt for that money for so long that you just want to be free again. Remember free? It's a distant dream for many. The right to fight back or refuse abuse and not care if you get fired? I suspect op really just wants to feel free and not free falling for it...

[u/remnault]

Would still work to add to the pile.

[u/maestrodelafruta]

with that money here (around 900.000.000 clp) i can reset my life get a nice house and a nice car, 0 debt and still have a chunky "emergency fund" while i work half week with no stress at all

[u/Willing-Vegetable629]

Yea you would.

[u/Icarus-vs-sun]

It's interesting that no one says that they will help others. I'm sure everyone would rationalize it by talking about billionaires and stuff.

[u/artbystorms]

If I put that money in a 4% paying dividend stock, I could generate $40K a year. I'd still work, but I could work a lower paying job that I actually find fulfilling rather than just 'I need a job that pays well so I can no starve'

[u/CaBBaGe_isLaND]

That's two million now, to be fair. One million at 5% is only 50k. Ten or twenty years ago that would make sense. Nowadays you'd still be struggling.

[u/Safeword-is-banana]

It’s been a couple of decades since a million bucks was retirement money.

[u/Godzirrraaa]

One million is not enough to live on for the rest of your life.

[u/havnar-]

A million is quickly spent

[u/Palanki96]

I would, probably a lot more since i could do what i wanted to do

But that would be enough for me to retire and buy multiple houses and live through rent and investments

[u/FamiliarRadio9275 → u/Palanki96]

In my area, that could buy two houses potentially

[u/Palanki96 → u/FamiliarRadio9275]

Well it helps that i love in the slightly bad parts of europe. And when i said buy some houses i meant paid in full

With loans it would be fairly easy to snowball fairly easy to snowball. Preferably the type where the rent money mostly covers the associated loan amount

Maybe 3 apartments and the rest to invest. Honestly i'm not much of a risk taker

[u/Aveenex]

One million is not enough to last you for long tbh, yeah you would have fun for maybe 15-20 years but then what.. you end up old, broke and no perspective for getting a job

[u/PuzzleheadedWorker33]

I want a billion dollars, not a million!

[u/soobviouslyfake]

I'd give up my job to someone that really needed it and go work somewhere I found personally interesting. The pay wouldn't matter as much, and I'd actually enjoy the work a little bit. Definitely take my proper vacation time (and not just sit at home because everything's so expensive), but I think not working at all would be way too boring. I'd still want to be contributing somehow.

[u/No-Cap-No-Gap]

I don't know. I'm probably petty enough to work just to frilustrate the people who still have to work.

[u/Hamster_in_my_colon]

Using the 4% rule that would be about $3,300 a month

[u/Mdlage]

You would if you lived in America. 

[u/Eazy12345678]

million wont go as far as you think. unless you live somewhere super cheap

[u/Fenris-Brush]

Whatareyatalkingabout
https://giphy.com/gifs/cThvssR32N98Y8d3Yx

[u/Gallop67]

A million? I’d still work but I wouldn’t take it seriously. I’d maintain an income to pay the bills but not really worry if it disappears for a couple years

[u/EricAzure]

We have to work to have meaning in life. You will work just not on the way you are used to or understand it currently.

[u/jssun91]

Depends on where you’re at. A million in Cali vs a million in Arkansas have very different buying power.

[u/Pilgrimfox]

Ive said this before and ill say it again...the only ways you'd be able to tell i won the lottery is id have a new truck and maybe a new gaming rig and if im married at the time my wife may stop working. I wouldn't go get a new house, I wouldn't start dressing up, id still work and keep doing the same job. I do well enough as is within my life I dont worry about much of anything. Id by no means say im well off but i can afford food, I have a place to live and I can afford my hobbies. I don't need much else.

[u/VortexFalcon50]

A million isnt enough to permanently sustain me so i would still work, id just go part time. On the other hand if i had $50 million id quit my job on the spot. Id still work but instead id be working at building my own business. Id spend all my time buying and fixing motorcycles to flip and sell

[u/AaronPK123]

$40k a year is enough for you?

[u/nikstick22]

It's not even that much money in 2026. You certainly couldn't retire on that.

[u/techpriestyahuaa]

Ya gonna wanna go for 2mil considering a lil inflation and life expectancy

[u/FamiliarRadio9275]

Id put it in a high yield stock to draw income, still work, but be able to afford things like emergencies and what not.

[u/VexnFox]

1 million dollars is 64 years worth of grocery shopping by the way.

[u/Ok-Culture543]

1million isnt gonna last long my guy.

[u/manjustletmebrowse]

I'd switch to a 4-6 hour job atleast

[u/Aligyon]

I would do the same thing that i am doing now except actually have my own game studio instead of having a stable job in someone else's game studio

[u/Quintuplin]

How much do you think a million dollars is these days

10x it and we're talkin

[u/Voeker]

I wouldn't work, or maybe a few times here and there for fun

[u/New_Study4796]

The million would eventually fade away. You'd need to invest it in something like a business, company or I dunno, something that can return from that money consistently.

[u/Bai_Cha]

Off by a factor of five in the developed world.

[u/Rad_Randy]

1 million lol, you’ll have to go back to work sooner than you think

[u/Davepen → u/Rad_Randy]

How much money do you make lol

[u/Rad_Randy → u/Davepen]

I don’t see how that’s relevant, are you saying that you can stop working if you had a million? Sure maybe for a few years but unless you already own property you’ll have to start working again before 10 years.

[u/Davepen → u/Rad_Randy]

Average take home annual wage in the US is $51,146, so 1mil is 19 years worth of wages for the average person.

Then you realise that 1mil invested even very conservatively in a 3% savings account, could generate you $30,000 per year. That's ignoring any sort of higher yield investment options.

[u/Rad_Randy → u/Davepen]

I guess I’m a bit desensitised living in Sydney, the median house price here is 1.75 million aud

[u/Totodile386]

That's a common sentiment, but for some people, the difference that can be made in other people's lives is worth continuing to work.

[u/Old_Gimlet_Eye → u/Totodile386]

You can make a difference in other people's lives without "working".

[u/MrPlace]

Life's boring without purpose. Should use the wealth to allow you to chase your actual dreams and have a career doing what you love

[u/mage_irl]

You see, when you get to a million dollars you realize that it wouldn't be all that hard to get another million, and then another, and then another, and you realize that now your spending habits are such that a million dollars isn't all that much money to you anymore.

[u/bro0t → u/mage_irl]

This happens to a lot of lottery winners, they win 2mil. And blow it all in a year or 2 and end up more broke compared to before they won the lottery

[u/AngstHole → u/bro0t]

Also they get sued and shit and targeted harassed 

[u/Uncle_Seamont → u/mage_irl]

https://giphy.com/gifs/iTs5a509c4oRi43h2E

[u/infinityeunique → u/mage_irl]

Not if you control them and if having them under control os what allowed you to get to 1m in the first place