Thread: Should I do it?
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Old 06-12-2009, 03:54 PM   #12
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Join Date: Mar 2009
Location: Akron, OH
Posts: 41
Quote:
Originally Posted by paddler View Post
jdw, the 400K in retirement plans and 500-600K in company equity is not part of the 1.1 million. Our living expenses average 10-11K/month, and I would expect that to continue for at least another 10-12 years, until our kids were on their own. I take home after taxes about 33K/month, steadily now for the last 4-5 years, and I would anticipate that to remain the same or go up a bit. Most of the money I take home is invested in stocks/mutual funds/bonds or goes toward paying down our mortgages.

Coach, I can be in part-time work for 15 years or more, if not with the company I am with, as an idependent contractor. If I stayed part-time with my company, I would still get health benefits.

I have read Clyatt's book, which inspired me to start thinking about part-time.

Wow! 33k a month after taxes! I cant even fathom making that kind of dough. I dont know what your job is, but Id stay at it full time for the next 8 years or so regardless. Then retire fully. Youve earned it. If you need motivation...think about people making 33k a year hauling bricks.
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