Timeline for My million-dollar brother wants to retire. Should he?
Current License: CC BY-SA 4.0
10 events
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Jul 16, 2018 at 13:15 | comment | added | computercarguy | Around where I live, most software engineers make (considerably) less than $100k a year and, yes, some are required to wear suits and ties. The OP didn't specify his brother's job, so I responded with generalities. Pointing out specific reasons my generalities are "wrong" isn't helping answer this question. | |
Jul 15, 2018 at 12:49 | comment | added | TomTom | Actually some sort of software engineers in some markets would consider 150k an insult as a wage. If you manage to be a top AI specialist there was an article about that being the top job - around 1200 experts in the world or so and a million is a negotiation start. | |
Jul 14, 2018 at 5:31 | comment | added | jamesqf | @stannius: And even take your dog(s) to work :-) | |
Jul 13, 2018 at 22:52 | comment | added | stannius | You don't necessarily have to wear suits and drive an expensive car to make $150k/year. Software engineers in hot markets can make that wearing jeans and shirts, maybe even shorts and sandals in California. | |
Jul 13, 2018 at 19:21 | history | edited | computercarguy | CC BY-SA 4.0 |
Added more ideas supporting my original post.
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Jul 13, 2018 at 16:58 | comment | added | jamesqf | @Michael: The thing is, with $1 million in investments, you don't have to make decent money. Just making some money, say an average $10K/yr or so, makes the "retirement" much more workable. | |
Jul 13, 2018 at 9:58 | comment | added | Michael | "There's also the possibility that he could retire now, sell those books of his, which 1 might become a best seller" The probability of making any decent money as an author, let alone getting a best seller, is incredibly slim. +1 for the rest | |
Jul 12, 2018 at 22:26 | comment | added | Tracy Cramer | +1 - well said. Added with the other answerers' risks and drawbacks I think this offers a good answer to the 'is he realistic?' question with some personal perspective. | |
Jul 12, 2018 at 18:52 | history | edited | computercarguy | CC BY-SA 4.0 |
added 303 characters in body
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Jul 12, 2018 at 18:17 | history | answered | computercarguy | CC BY-SA 4.0 |