Would you work if you were quite well off (not multimillionaire)?

[TheExtraGuineaPig]

The chat about being rich/ suddenly having millions got me thinking. What about if you were quite well off? For instance house was paid off and you had a private income of say - 80k. Would you still work? Would that be enough for the lovely plans in the earlier thread? I think for me it would be, but DC are older teens and their dad would be supporting them through uni as well as me.

Yes, and I did. Semi-retired now. Dh still working full-time, and has no need to.

We like work.

I absolutely love my job so I would still work. I have a stressful, professional job and just love the adrenaline rush I get from it.

Nope!

Ok £80k tax free? Definitely! Will retire in significantly less

Nope. I have a lower income than that. House paid off. Haven’t worked since I was 34 and no plans to. Admittedly some of my issues are long term disability related and dh works full time in a job he enjoys, but I used to have a very good career and income but absolutely hated working and I’m glad I don’t have to do it anymore.

80k tax free for every year for the rest of your life?

Thats 4m for me

You would need to earn 130k to get 80k.

I’d probably do some sort of voluntary work

Our disposable income per year after mortgage is paid is £75,000 and honestly I could still do with more, so I suspect I’d want to do something, although this is for a family of 4, maybe if it was just me or just me and DH I’d be happy with that amount!

I might continue to teach my absolute favourite piano pupils. Otherwise, no fucking way would I continue work - partly because I work for my ex husband.

Not enough for me- I’d still be working.

I am quite well off and I don't work. I have primary-aged dcs so they keep me busy, and I don't feel lonely or need much social contact. I have quite a bit of routine through school and taking dcs to activities, and attending classes, fitness sessions and appointments of my own. I like to have projects on the go to keep me busy - I currently have an OU course going and I'm working towards an performance (unrelated to the OU stuff). There is always house renovation and reorganising to get done, holidays to plan, days out to book for the dcs, and I like going out to see exhibitions, films, theatre shows, talks etc. So I don't get bored and there's constantly new things happening to keep us occupied. I don't do voluntary work though as I've found it a bit too much like real work and I've earned my free time for things for me, not other people.

I think I’d get bored (I’m mid thirties and all my friends/family work) so I would do something but not my current job. Either volunteer or go into a career I otherwise couldn’t. I’d love to work in the maternity department but not as a midwife, more like a care assistant. Get to be involved but not too responsible. I unfortunately couldn’t drop my wage to do that as it stands as for some reason they don’t get paid much at all.

I'd increase my voluntary work as wouldn't have to worry so much about DWP assumptions that doing voluntary work means you can work full time and no longer count as disabled. And I'd get a second dog which I just can't afford now