[geeks] Lottery (was informal survey)

[Ken Hansen]

For me, the $11 million figure was based on the simple idea that with that
kind of money, I could live out my own "reasonable" fantasy - house in the
mountains or at the shore, house "in town" where I live now, a couple cars,
no concerns about my son's school bills, no concerns about medical costs,
and enough money to leave a "Big Pile o' Money" for my son...

Besides, I plan on living for about another 60-70 years - I'd hate to stop
working, then 30 years down the road realize I need more money...

That would be bad... Very Bad.

Ken

----- Original Message -----
From: "Peter L. Wargo" <pwargo at basenji.com>
To: <geeks at sunhelp.org>
Sent: Tuesday, September 11, 2001 12:41 AM
Subject: Re: [geeks] Lottery (was informal survey)


> Considering that $50K post-tax is about $81K pre-tax, it's not all that
> bad...  You can live pretty damn well in New Mexico on that kind of
> salary.  (Let's put it this way - I made less than that when we lived in
> New Mexico, and Chandra didn't work, and we had a decent house, and we ate
> quite well.  Considering that our mortgage payment was $1200/month (14,400
> per year...), which came out of post-tax earnings, we were doing well on
> way, way less than $50K/year. (My $2M includes paying for the house/land
> out of the first $1M and still having plenty left over.)
>
> It's all a matter of perspective...



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