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Topic | You get $150,000 from an inheritance, how long can you make that last? |
bIuerain 04/02/24 2:38:19 PM #29: | Back when I was unemployed, I made a hell of a lot less than that last for like 6 years, with the occasional odd job or part-time. But the cost of living was generally a lot lower back then, I did some couch surfing, had room mates, etc.
Now that I am gainfully employed and have a mortgage and shit, it'd be more a question what I do with the money than how long it'd "last." I could definitely make $150 last like at least a decade if I decided I wanted to quit my job and just Enjoy Life for a while. But re-entering the work force after would be rough after it runs out, in my 40s with a horrible employment gap would look terrible on a resume. $150k would definitely be enough to just pay down the rest of my mortgage, like that other guy said. That'd be cool, I would still need to keep working but then I could proceed forward, take more risks, etc knowing that I would always have a place to live. I would only need to pay property tax and such, easily covered by a part-time job. But there's also a bunch of different ways you can spin $150,000 in liquid cash into getting rich. Buy some property, invest, etc. It would be a serious decision I would probably spend weeks or months considering. --- "Log off" is legit the best advice you can give someone in today's world - TheFuzz3451 ... Copied to Clipboard! |
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