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How much money would you have to win to be able to quit your job and retire?

Topic closed. 95 replies. Last post 4 years ago by Ronnie316.

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LottoGuyBC's avatar - Lottery-050.jpg
British Columbia
Canada
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September 4, 2011
4033 Posts
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Posted: October 1, 2012, 9:54 am - IP Logged

A million ain't what it used to be.  I couldn't retire on that either.  I'd need about 1.5 mil after taxes to be somewhat comfortable, so that's almost 3 million I'd have to win.

A million ain't what it used to be

Sad Cheers 

"You have to be in it to win it!"

    JAP69's avatar - alas
    South Carolina
    United States
    Member #6
    November 4, 2001
    8790 Posts
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    Posted: October 1, 2012, 10:03 am - IP Logged

    It don't take much if you get a piece of land in the country where you can hunt and fish and grow stuff. I could live on deer and elk and turkey and rabbit and squirrel and vegetables without ever leaving my property and catfish are just a short drive down the road.

    It all depends on how you like or need to live. If you're like billionaire2bee and need to have 3 Bentleys, well, then it's gonna take more money.

    I Agree!

    And still have time from huntin and the garden to still some gasoline for the motor car.

    WHATT

      JAP69's avatar - alas
      South Carolina
      United States
      Member #6
      November 4, 2001
      8790 Posts
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      Posted: October 1, 2012, 10:09 am - IP Logged

      Anyone not retired or unemployed will find out real quick how much they need to retire/live on.

      WHATT

        LottoGuyBC's avatar - Lottery-050.jpg
        British Columbia
        Canada
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        September 4, 2011
        4033 Posts
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        Posted: October 1, 2012, 10:15 am - IP Logged

        Hmm....I spend that much on scratch tickets every month.

        Guess I could retire now!   Banana

        you look good for a man your age Jester Laugh

        Thud 

        "You have to be in it to win it!"


          United States
          Member #111442
          May 25, 2011
          6323 Posts
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          Posted: October 1, 2012, 10:19 am - IP Logged

          you look good for a man your age Jester Laugh

          Thud 

          Why thank you sir!

          I owe it to good flossing techniques and lots of vodka.  Cheers

            LottoGuyBC's avatar - Lottery-050.jpg
            British Columbia
            Canada
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            September 4, 2011
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            Posted: October 1, 2012, 10:19 am - IP Logged

            I would want to win at least $70,000 or more to retire from working. Right now I am semi retired'

            $70K away from retirement Cheers

            "You have to be in it to win it!"

              LottoGuyBC's avatar - Lottery-050.jpg
              British Columbia
              Canada
              Member #116101
              September 4, 2011
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              Posted: October 1, 2012, 11:48 am - IP Logged

              Why thank you sir!

              I owe it to good flossing techniques and lots of vodka.  Cheers

              I like vodka Smash

              "You have to be in it to win it!"


                United States
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                May 25, 2011
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                Posted: October 1, 2012, 1:38 pm - IP Logged

                I like vodka Smash

                A little nip now and again, keeps you sharp and on the edge. I got married three times, and divorced twice using this wonder drink!  Thumbs Up


                  United States
                  Member #116268
                  September 7, 2011
                  20244 Posts
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                  Posted: October 1, 2012, 1:43 pm - IP Logged

                  $70K away from retirement Cheers

                  20 years away for retiement.  Sad Cheers


                    United States
                    Member #111442
                    May 25, 2011
                    6323 Posts
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                    Posted: October 1, 2012, 2:09 pm - IP Logged

                    20 years away for retiement.  Sad Cheers

                    20 draws away from retirement.  Cheers

                      haymaker's avatar - Lottery-012.jpg
                      Egg Harbor twp.south Jersey shore
                      United States
                      Member #112968
                      June 29, 2011
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                      Posted: October 1, 2012, 6:43 pm - IP Logged

                      I think $4 mil. after taxes would do it,

                      whatta ya know, thats the base JP on the MM.

                      Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

                        LottoGuyBC's avatar - Lottery-050.jpg
                        British Columbia
                        Canada
                        Member #116101
                        September 4, 2011
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                        Posted: October 2, 2012, 12:50 pm - IP Logged

                        20 draws away from retirement.  Cheers

                        Hurray!

                        "You have to be in it to win it!"

                          Avatar
                          Ga
                          United States
                          Member #120454
                          December 20, 2011
                          141 Posts
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                          Posted: October 3, 2012, 1:05 am - IP Logged

                          When I daydream of winning, I count all the money I would give awa yto family,friends and charity. So total I would need $18 million but I would like an even $20. Give away $13 to $15 million rest is mine. $3-5 million at 6.5% is  $195000 to $325000. No I won't spend all that but I'm 27 inflation is gonna be ugly over the 50+ years i plan on living.

                            IPlayWeekly's avatar - avatarmoney
                            Columbus, Ohio
                            United States
                            Member #128906
                            June 5, 2012
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                            Posted: October 3, 2012, 4:19 am - IP Logged

                            I need a minimum of 1 million so I can buy more property.  Just hit 2 numbers on 2 different lines playing MM... getting close=)

                              Avatar

                              United States
                              Member #94616
                              July 24, 2010
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                              Posted: October 3, 2012, 5:41 am - IP Logged

                              $70K away from retirement Cheers

                              I am one jackpot ticket away from retirement! Thumbs Up