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 If you had the chance to not work again and earn $50k a year…

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Cheaps
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Shale
Chris
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Chris
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Chris


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PostSubject: If you had the chance to not work again and earn $50k a year…   If you had the chance to not work again and earn $50k a year… EmptySun Mar 25, 2012 8:57 am

Would you accept a guaranteed, lifetime allowance of $50,000 per year (adjusted for inflation $4166.67/month) if accepting it meant that you could never again earn money from either work or investments?
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Shale
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PostSubject: Re: If you had the chance to not work again and earn $50k a year…   If you had the chance to not work again and earn $50k a year… EmptySun Mar 25, 2012 10:46 am

Lemme see. Double what I've ever earned in life without working to earn any more money. Just do volunteer work or goof off.

Hmmm
thinking
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Alan Smithee
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PostSubject: Re: If you had the chance to not work again and earn $50k a year…   If you had the chance to not work again and earn $50k a year… EmptySun Mar 25, 2012 11:42 am

I don't think so. Our state has an instant lottery game that will pay $1,000 a week for life as a top prize. That works out to about the same thing. If I ever won that it would just mean a more comfortable retirement but it's not enough for me to quit my job. That's just me.
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Nystyle709
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PostSubject: Re: If you had the chance to not work again and earn $50k a year…   If you had the chance to not work again and earn $50k a year… EmptySun Mar 25, 2012 1:05 pm

I don't think so. As much as I would jump on it now, that would just be supplemental income for me. I don't want to be told how much money I can make. In 20, hell or even in 10 years....$4100 may not be enough to live on.
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Suzi
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PostSubject: Re: If you had the chance to not work again and earn $50k a year…   If you had the chance to not work again and earn $50k a year… EmptySun Mar 25, 2012 1:30 pm

Since we are retired , that would be a very nice bonus.
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zthatzmanz28
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PostSubject: Re: If you had the chance to not work again and earn $50k a year…   If you had the chance to not work again and earn $50k a year… EmptySun Mar 25, 2012 1:41 pm

If it meant doing whatever I wanted, never having to worry about income and going wherever I wanted? I would do it in a heart beat.
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RedBedroom
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PostSubject: Re: If you had the chance to not work again and earn $50k a year…   If you had the chance to not work again and earn $50k a year… EmptySun Mar 25, 2012 9:52 pm

I think I would jump on that if it was guaranteed until death.
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Cheaps
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PostSubject: Re: If you had the chance to not work again and earn $50k a year…   If you had the chance to not work again and earn $50k a year… EmptyMon Mar 26, 2012 3:57 am

Yup, I can do that.
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Tony Marino
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PostSubject: Re: If you had the chance to not work again and earn $50k a year…   If you had the chance to not work again and earn $50k a year… EmptyMon Mar 26, 2012 12:22 pm

Nope.
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Marc™
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PostSubject: Re: If you had the chance to not work again and earn $50k a year…   If you had the chance to not work again and earn $50k a year… EmptyMon Mar 26, 2012 1:41 pm

It would tempt the hell out of me to accept that set up, but I don't know....maybe not.
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Nhaiyel
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PostSubject: Re: If you had the chance to not work again and earn $50k a year…   If you had the chance to not work again and earn $50k a year… EmptyMon Mar 26, 2012 2:54 pm

I don't think so, no. As of now, I could probably make due with that amount, but I have a feeling that as soon as I agreed to it the cost of living would rise higher than it now and that figure would wind up stretching too thin.
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PostSubject: Re: If you had the chance to not work again and earn $50k a year…   If you had the chance to not work again and earn $50k a year… EmptyMon Mar 26, 2012 4:14 pm

I dont know about never working again but I would take that amount and not work for at least a decade.
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