Comments on: poll: suddenly rich- keep working or retire?

By: Ben

Ben — Tue, 16 Oct 2007 15:29:59 +0000

For me, it would really depend on just how rich I suddenly became. $10 mil or more and I quit to travel and pursue other things. Less than that & I’m still working the job I currently love. Good points Jess. I guess I’m fortunate to be doing something I love. On a similar note, is “self employed Sommelier” a euphemism for wino?

By: Nate

Nate — Tue, 16 Oct 2007 15:10:46 +0000

The key really is ‘at your current job’. I like my job, but if I were financially independent, I would choose other jobs, because I would have more lateral freedom to structure my job (or people I’d hire) as I see fit. The ability to structure work is really what capital provides you, and it ends up being the key. Leveraging what you have is therefore a pretty important skill.

By: cash

cash — Tue, 16 Oct 2007 13:26:10 +0000

Jess; I totally see where you’re coming from. The beauty of having the sudden financial infusion is exactly what you mention above. You could pursue something which right now might be considered financially ‘irresponsible’ without worry, just following your passion rather than your need to pay bills.

By: Jess

Jess — Tue, 16 Oct 2007 01:41:23 +0000

Don’t get me wrong, I love my job… but if I had my choice between this or.. pretty much anything else that’s not working, I’d take that.

However, that doesn’t mean I would give up working altogether. There are lots of things I’m passionate about that would be great as a new job (even if it would require additional schooling/whatever).

Some “job” ideas:
A sommelier at a fancy restaurant / wine shoppe.
A confectioner/chocolatier (could be self employed)
Underwear model

Or, what I would ideally do is take a “mini-retirement” and use my creative genius to think of additional products/ideas to increase my wealth.