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Posted: 1/8/2005 4:59:08 AM EDT
I was thinking about this the other night at work. I don't make that much money but I am comfortable & happy for the most part. If I had a million at my disposal I would find it easy to retire, & just enjoy the simple things in life. Like fishing & hunting & owning a few acres of land, & a log cabin to live in.
I wouldn't allow catalogs or adds for things to be delivered to m, & I would just get the things I enjoy already. Maybe a few guns[full auto] & some ammo stores, & a good range to shoot on. I think I could make my million last me & my son the rest of our lives.

Would you retire like me, or work to make yourself a bigger kingdom?
Link Posted: 1/8/2005 5:01:23 AM EDT
Hookers & Blow
Link Posted: 1/8/2005 5:02:02 AM EDT

Originally Posted By osprey21:
Hookers & Blow




Link Posted: 1/8/2005 5:03:34 AM EDT
Make it 10 mil after taxes and we will talk .

1 mil doesn't go very far these days .
Link Posted: 1/8/2005 5:04:11 AM EDT
[Last Edit: 1/8/2005 5:04:36 AM EDT by kill-9]
I'd do two chicks at the same time.
Link Posted: 1/8/2005 5:04:38 AM EDT
I couldn't retire at 45 with only a million. It can't generate the income stream I would need. If I was given a million I would keep my job, buy a beach house, and invest the rest to hopefully afford a couple good hunting trips a year. I would continue to work and save for retirement.
Link Posted: 1/8/2005 5:05:42 AM EDT
Couldnt retire on it, but i would definitely quit my job and take a year or two off...buy a house, a new truck...a rifle or 3...and invest the rest conservatively.

Link Posted: 1/8/2005 5:09:33 AM EDT
I would pay off all my debts, pay off the debts of some close relatives, and invest the rest. I would still go to work, because the investment income (even if I invested all of it) would probably not allow me to retain my current stadard of living. It would shorten the number of years needed until I retire significantly though, and that's a real good thing.
Link Posted: 1/8/2005 5:10:45 AM EDT
You really don't think you could retire on a million & be happy???? or at least stay comfortable???
Link Posted: 1/8/2005 5:17:45 AM EDT

Originally Posted By Searcherfortruth:
You really don't think you could retire on a million & be happy???? or at least stay comfortable???



Not a chance in hell !!

At least not where I live in NY , and not how I want to live ...
Link Posted: 1/8/2005 5:20:40 AM EDT
buy all the remaining q3131a and xm193 available.
Link Posted: 1/8/2005 5:22:44 AM EDT
I'd buy AR15.com
Link Posted: 1/8/2005 5:28:41 AM EDT

Originally Posted By osprey21:
Hookers & Blow





Link Posted: 1/8/2005 5:30:04 AM EDT
Link Posted: 1/8/2005 5:34:27 AM EDT
$50,000 a year for 20 years...

I'd continue my regular job now which I enjoy,
but with a little less stress on my back knowing I had a 2nd income.
Link Posted: 1/8/2005 5:48:07 AM EDT

Originally Posted By Searcherfortruth:
You really don't think you could retire on a million & be happy???? or at least stay comfortable???



Not a chance. Assume you get a 5% interest rate. You'll get 50,000 a year of interest alone before taxes. That has to cover ALL living expenses. Unless you dip into your million to be debt free. Say, 300,000. 200,000 on a house and the rest on cars (Truck and Vette). That now leaves you with 700,000. At 5% interest your down to 35,000 a year before taxes BUT with no major debt.
The major downfall is "Idle hands are the work of the devil". If you had NO job you'd have nothing but time. You'd want to vacation, you'd want to go places, do things. That all takes money. I couldnt do it.

Now, if your VERY conservative and VERY level headed and not very materialistic you could do it. But, you'd look just like every other Joe Average around you. Average house, run of the mill cars and alot of free time. But you'll still have all the other bills. Property taxes, insurance, utilities, groceries.
BUT! If you keep working along for, say 10 years. Dont TOUCH the million. You now have 1.5 million! (Roughly). That takes you from 50k a year up to 75k just off interest. Now 75k is nothing to snort at. Plus, in the mean time if you bust your ass you can be nearly debt free in those 10 years less a mortgage payment.

For me, I'd have to keep workin at LEAST 10 years. But its a helluva lot better then the 35 or so I have to go now.
Link Posted: 1/8/2005 5:48:36 AM EDT
i'd invest most of it, and live off that cash cow
Link Posted: 1/8/2005 5:53:50 AM EDT
Link Posted: 1/8/2005 5:56:32 AM EDT
Link Posted: 1/8/2005 5:57:43 AM EDT
Pay off all our bills, buy a very nice house and set up an account to pay the property taxes on it.
Link Posted: 1/8/2005 6:12:06 AM EDT
I've already made that decision, with less than a million.

Best thing I ever did.
Link Posted: 1/8/2005 6:14:22 AM EDT

Originally Posted By Searcherfortruth:
You really don't think you could retire on a million & be happy???? or at least stay comfortable???

I could right now @ 22

You just need to move somewhere (like SC) where the cost of living is very low.
Link Posted: 1/8/2005 6:23:17 AM EDT
If I Had A Million Dollars
by Barenaked Ladies

Lyrics:

If I had a million dollars
(If I had a million dollars)
I'd buy you a house
(I would buy you a house)
If I had a million dollars
(If I had a million dollars)
I'd buy you furniture for your house
(Maybe a nice chesterfield or an ottoman)
And if I had a million dollars
(If I had a million dollars)
Well, I'd buy you a K-Car
(A nice Reliant automobile)
If I had a million dollars I'd buy your love

If I had a million dollars
I'd build a tree fort in our yard
If I had million dollars
You could help, it wouldn't be that hard
If I had million dollars
Maybe we could put like a little tiny fridge in there somewhere
You know, we could just go up there and hang out
Like open the fridge and stuff
There would already be laid out foods for us
Like little pre-wrapped sausages and things

They have pre-wrapped sausages but they don't have pre-wrapped bacon
Well, can you blame 'em
Uh, yeah

If I had a million dollars
(If I had a million dollars)
Well, I'd buy you a fur coat
(But not a real fur coat that's cruel)
And if I had a million dollars
(If I had a million dollars)
Well, I'd buy you an exotic pet
(Yep, like a llama or an emu)
And if I had a million dollars
(If I had a a million dollars)
Well, I'd buy you John Merrick's remains
(Ooh, all them crazy elephant bones)
And If I had a million dollars I'd buy your love

If I had a million dollars
We wouldn't have to walk to the store
If I had a million dollars
Now, we'd take a limousine 'cause it costs more
If I had a million dollars
We wouldn't have to eat Kraft Dinner
But we would eat Kraft Dinner
Of course we would, we’d just eat more
And buy really expensive ketchups with it
That’s right, all the fanciest ke... dijon ketchups!
Mmmmmm, Mmmm-Hmmm

If I had a million dollars
(If I had a million dollars)
Well, I'd buy you a green dress
(But not a real green dress, that's cruel)
And if I had a million dollars
(If I had a million dollars)
Well, I'd buy you some art
(A Picasso or a Garfunkel)
If I had a million dollars
(If I had a million dollars)
Well, I'd buy you a monkey
(Haven't you always wanted a monkey)

If I had a million dollars
I’d buy your love

If I had a million dollars, If I had a million dollars
If I had a million dollars, If I had a million dollars
If I had a million dollars
I'd be rich



Link Posted: 1/8/2005 6:34:47 AM EDT
Some full autos and a new house. I would keep my job as one million isn't a lot of money theese days.
Link Posted: 1/8/2005 6:36:34 AM EDT
I would give it all to the Tsunami victims .............................
Link Posted: 1/8/2005 6:41:20 AM EDT
Pay All Debts,

Spend a couple of years going to music school,

Buy a modest house,

Invest the rest,

Start trying to find work the I enjoy that brings in an ok amount of money

Link Posted: 1/8/2005 6:41:50 AM EDT
[Last Edit: 1/8/2005 6:42:07 AM EDT by Red_Beard]

Originally Posted By cyanide:
I would give it all to the Tsunami victims .............................





Link Posted: 1/8/2005 6:49:25 AM EDT
Work to grow it. I'd go back to school, buy land, and then start my own company doing what I want to do.

I'd also probably pay my parents' mortgages off too.

Oh, and buy a ton of cool stuff!
Link Posted: 1/8/2005 6:53:58 AM EDT

Originally Posted By Pangea:
If I Had A Million Dollars
by Barenaked Ladies

Lyrics:

If I had a million dollars
(If I had a million dollars)
I'd buy you a house
(I would buy you a house)
If I had a million dollars
(If I had a million dollars)
I'd buy you furniture for your house
(Maybe a nice chesterfield or an ottoman)
And if I had a million dollars
(If I had a million dollars)
Well, I'd buy you a K-Car
(A nice Reliant automobile)
If I had a million dollars I'd buy your love

If I had a million dollars
I'd build a tree fort in our yard
If I had million dollars
You could help, it wouldn't be that hard
If I had million dollars
Maybe we could put like a little tiny fridge in there somewhere
You know, we could just go up there and hang out
Like open the fridge and stuff
There would already be laid out foods for us
Like little pre-wrapped sausages and things

They have pre-wrapped sausages but they don't have pre-wrapped bacon
Well, can you blame 'em
Uh, yeah

If I had a million dollars
(If I had a million dollars)
Well, I'd buy you a fur coat
(But not a real fur coat that's cruel)
And if I had a million dollars
(If I had a million dollars)
Well, I'd buy you an exotic pet
(Yep, like a llama or an emu)
And if I had a million dollars
(If I had a a million dollars)
Well, I'd buy you John Merrick's remains
(Ooh, all them crazy elephant bones)
And If I had a million dollars I'd buy your love

If I had a million dollars
We wouldn't have to walk to the store
If I had a million dollars
Now, we'd take a limousine 'cause it costs more
If I had a million dollars
We wouldn't have to eat Kraft Dinner
But we would eat Kraft Dinner
Of course we would, we’d just eat more
And buy really expensive ketchups with it
That’s right, all the fanciest ke... dijon ketchups!
Mmmmmm, Mmmm-Hmmm

If I had a million dollars
(If I had a million dollars)
Well, I'd buy you a green dress
(But not a real green dress, that's cruel)
And if I had a million dollars
(If I had a million dollars)
Well, I'd buy you some art
(A Picasso or a Garfunkel)
If I had a million dollars
(If I had a million dollars)
Well, I'd buy you a monkey
(Haven't you always wanted a monkey)

If I had a million dollars
I’d buy your love

If I had a million dollars, If I had a million dollars
If I had a million dollars, If I had a million dollars
If I had a million dollars
I'd be rich




You beat me to it.
Haven't you always wanted a monkey?
Link Posted: 1/8/2005 7:01:47 AM EDT
[Last Edit: 1/8/2005 7:02:37 AM EDT by chrome1]

Originally Posted By macman37:

Oh, and buy a ton of cool stuff!




Your idea of cool stuff must be way different then my idea
of cool stuff .

Hell , I couldn’t even buy an Ferrari Enzo
Link Posted: 1/8/2005 7:05:18 AM EDT
No way I could retire off of that. I am only 20. However I would quit work long enough for me to finish school. It sucks to work and school full time.

Then I would spot my FIL as much as he needed to buy a shitload of land and build some houses and bank major profit. He is already a GC and with proper financing we both could retire in 5 years with a massive bank.
Link Posted: 1/8/2005 7:09:24 AM EDT
Buy a house, invest the lions share of it and continue to work at something you want to do instead of settling for some job you despise.
Link Posted: 1/8/2005 7:09:30 AM EDT
I picked work to make more. During this I would work hard in my job, invest, and let it sit in the bank and make $$$.
Link Posted: 1/8/2005 7:10:58 AM EDT
Invest, invest, invest.
Link Posted: 1/8/2005 7:21:01 AM EDT
That question is bullshit to begin with because if everyone were rich there'd be no janitors becasue no one would clean shit up if they had a million dollars.



Sincerely,
Mike Bolton
Link Posted: 1/8/2005 7:26:07 AM EDT

Originally Posted By chrome1:
Make it 10 mil after taxes and we will talk .

1 mil doesn't go very far these days .



+1

For me, $10 million = choice A; $1 million = B/C
Link Posted: 1/8/2005 7:33:12 AM EDT
Hookers & Blow.....
Link Posted: 1/8/2005 8:11:16 AM EDT
That is so nice, and you know he would do the same for you too... Maybe some day ya'll will get the chance to do just that, I hope so...
Link Posted: 1/8/2005 8:12:30 AM EDT
That was in reply to BlackRifleFever
Link Posted: 1/8/2005 8:14:25 AM EDT

Originally Posted By gunzNroses:
That is so nice, and you know he would do the same for you too... Maybe some day ya'll will get the chance to do just that, I hope so...




You might get that gay little car you want to.
Link Posted: 1/8/2005 8:15:51 AM EDT

Originally Posted By chrome1:

Originally Posted By macman37:

Oh, and buy a ton of cool stuff!




Your idea of cool stuff must be way different then my idea
of cool stuff .

Hell , I couldn’t even buy an Ferrari Enzo



[neo]Guns... lots of guns...[/neo]

A few more, anyway.
Link Posted: 1/8/2005 8:21:49 AM EDT
Buy a house with some land, clear all debt, and keep working till I turn 50, retire with 30 years.
Link Posted: 1/8/2005 8:22:31 AM EDT

Originally Posted By chrome1:
Make it 10 mil after taxes and we will talk .

1 mil doesn't go very far these days .



Depends on what state you live in. In CA, it wouldn't last forever. In Kansas, you could probably pass the million down to children after living off it...
Link Posted: 1/8/2005 8:24:16 AM EDT
Pay off house. ($130K)

Invest the balance

Keep on working and saving until 50 or 55. (I'm 43 now)
Link Posted: 1/8/2005 8:33:16 AM EDT
I would buy me me a square mile of fine Kansas hunting land (already have forty) Pay off all my debts. Continue to work, but retire EARLY! Invest the remainder., and give the Lord his tithe.
Link Posted: 1/8/2005 8:40:28 AM EDT

Originally Posted By cck:

Originally Posted By Pangea:
If I Had A Million Dollars
by Barenaked Ladies

Lyrics:

If I had a million dollars
(If I had a million dollars)
I'd buy you a house
(I would buy you a house)
If I had a million dollars
(If I had a million dollars)
I'd buy you furniture for your house
(Maybe a nice chesterfield or an ottoman)
And if I had a million dollars
(If I had a million dollars)
Well, I'd buy you a K-Car
(A nice Reliant automobile)
If I had a million dollars I'd buy your love

If I had a million dollars
I'd build a tree fort in our yard
If I had million dollars
You could help, it wouldn't be that hard
If I had million dollars
Maybe we could put like a little tiny fridge in there somewhere
You know, we could just go up there and hang out
Like open the fridge and stuff
There would already be laid out foods for us
Like little pre-wrapped sausages and things

They have pre-wrapped sausages but they don't have pre-wrapped bacon
Well, can you blame 'em
Uh, yeah

If I had a million dollars
(If I had a million dollars)
Well, I'd buy you a fur coat
(But not a real fur coat that's cruel)
And if I had a million dollars
(If I had a million dollars)
Well, I'd buy you an exotic pet
(Yep, like a llama or an emu)
And if I had a million dollars
(If I had a a million dollars)
Well, I'd buy you John Merrick's remains
(Ooh, all them crazy elephant bones)
And If I had a million dollars I'd buy your love

If I had a million dollars
We wouldn't have to walk to the store
If I had a million dollars
Now, we'd take a limousine 'cause it costs more
If I had a million dollars
We wouldn't have to eat Kraft Dinner
But we would eat Kraft Dinner
Of course we would, we’d just eat more
And buy really expensive ketchups with it
That’s right, all the fanciest ke... dijon ketchups!
Mmmmmm, Mmmm-Hmmm

If I had a million dollars
(If I had a million dollars)
Well, I'd buy you a green dress
(But not a real green dress, that's cruel)
And if I had a million dollars
(If I had a million dollars)
Well, I'd buy you some art
(A Picasso or a Garfunkel)
If I had a million dollars
(If I had a million dollars)
Well, I'd buy you a monkey
(Haven't you always wanted a monkey)

If I had a million dollars
I’d buy your love

If I had a million dollars, If I had a million dollars
If I had a million dollars, If I had a million dollars
If I had a million dollars
I'd be rich




You beat me to it.
Haven't you always wanted a monkey?


Dude, you posted the whole song. What did you leave for the rest of us?
Jeeze.
Link Posted: 1/8/2005 8:43:59 AM EDT
... One Million Dollars!



... Seriously, a million dollars in cash & equity just ain't that much these days. Keep working I say.
Link Posted: 1/8/2005 8:44:54 AM EDT

Originally Posted By Blackriflefever:

Originally Posted By gunzNroses:
That is so nice, and you know he would do the same for you too... Maybe some day ya'll will get the chance to do just that, I hope so... hr



You might get that gay little car you want to.




Awe really? Blue and all...
Link Posted: 1/8/2005 8:54:35 AM EDT

Originally Posted By Winston_Wolf:
... One Million Dollars!

www.minid.net/archivos/dr-evil.jpg

... Seriously, a million dollars in cash & equity just ain't that much these days. Keep working I say.


Link Posted: 1/8/2005 9:03:24 AM EDT
I could retire easily. I have 0 debt now. I could live off the interest.
Link Posted: 1/8/2005 9:12:11 AM EDT

Originally Posted By einnor1040:
I could retire easily. I have 0 debt now. I could live off the interest.


Even with my debt, I could live off the interest, but I'd be so bored.
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