If you had £2 million, would you still work full time?

[Summerlovin99]

You obtained the money through early inheritance. You are married, have two very young children and your house is already mortgage free. And if you wouldn't work full time, what would you do with your time?

I'm making a note so that should I ever amass millions of pounds, I will remember to tell my kids not to feel like they have to keep working just because I worked for the money. I'd want them to enjoy life however they please with any money I leave them. If it's enough for them to stop working and they want to stop working, I'd certainly hope they'd do so!!

Musicmenu

Similar situation. What did you do in the end? I'm thinking of starting a low key on-line business with a mix of voluntary work and hobbies.

I think if I had a career I really enjoyed things would be different but as it is, I would be just a cog working part-time in a relatively low skilled job and so considering trying my own thing. I've realised, I wasn't particularly valued in the roles I performed whilst working (although admittedly was paid - so monetary value applied). Too young to retire but don't have the necessity to work full-time or maybe even not part-time hence the thought of doing my own thing for a sense of increased self esteem.

I'd maybe drop a day a week - anything more would impact on my career, and I really enjoy my job and want to progress. I think DH would likely go down to 3 days a week - in fact he might do that anyway once I get promoted.

What would I do with the time? I'd catch up on household stuff, go to the gym, do more swimming.

Hell no. 😂

I work part time. I love my job and the lack of financial pressure means I know I'm there because I choose to be. I'm self employed so can take on some of the work that doesn't pay as well and it feeds my soul.

bakingdemon and blacksax

I've just finished writing that book. It's doable. It took me five years around looking after baby/toddler during nap times (them not me).

I'd go part time, for sure.

I'd still work but I have an interesting well paid job (scientist). I'd invest half for retirement, buy a bigger house outright and do it up to a nice standard (I live in the north, we could get a gorgeous house for less than £1M). Not having to pay a mortgage would free up enough cash to make a nice difference to our lives. But DH and I both have good jobs earning more than the interest on £2M would be so giving up work would result in a drop in living standards.

Nope. I’d do hobbies and volunteering and I’d do it without guilt. Just because you’re not being paid doesn’t mean you are not contributing to society. Plus, you are freeing up a job for someone who might need the salary more than you do.

I would work, £2m isn’t enough to fund a comfortable lifestyle for a family into perpetuity.

@Moonpeg.

Mumsnet is so out of touch it’s almost hilarious. Even winning a one off lump sump of 60k rather than a salary would be a dream come true for me, that’s almost enough for a terraced house purchase in my shitty northern town. Couldn’t use it as a deposit as I make £900 a month and would never get a mortgage.

I'm not sure I would work full-time, because my job is full on. Even part-time is all day and includes evenings working til bedtime, so full-time is really full-time. But yes, absolutely would keep working. I love what I do and I'd be bored senseless if I didn't work and find it hard to find much purpose in life.

@Summerlovin99

You obtained the money through early inheritance. You are married, have two very young children and your house is already mortgage free. And if you wouldn't work full time, what would you do with your time?

Never mind the inheritance, if I was married with two young children and the house was already mortgage-free I'd jack my job in without a second thought.

TatianaBis
Always someone sucks the fun out of a good thread with their bragging! Only mn

I stopped paid work at about 48 as DH was earning a lot and we didn't need my relatively low salary.

This applies to me too. Thinking I would like to do an MA in the future but want to raise the funding myself. Mortgage paid off. This helps a lot as dh will retire soon but will have similar funds available due to the mortgage having been paid.

We no fucking chance would I carry on working.

I would by myself a horse and busy myself looking after that.
Without a doubt dh would also give up work

I can only dream....

(My math is slightly off re: inflationI have it at 2019 levelsbut still 5% is too high for average.)

No way. I have nowhere near that amount and still don't want to work full time lol.

God reading this thread made me realise some people actually enjoying working

I would give up my current full time job. I have a house in Spain mortgage free and my house here does not have a large mortgage left on it. I am not far off 50 and I have a private pension. So does my husband. I would probably move to Spain where my money goes further and perhaps do some part time work online.

Nope. I'd work 3 days a week, buy a horse and relax a bit!

@TatianaBis

2 million will only yield around 60k per year.

Double the average salary and no mortgage or rent to pay, oh the poverty!

At my age - not a snowball's chance in hell that I'd work. But with a young family and maybe 60 years of life and inflation ahead of you - I think you'd need to think very carefully about how far £2m will go. Whatever, I wouldn't feel a shred of guilt - what a useless emotion! Enjoy your good fortune.

I do think though that unless your job is genuinely very interesting, I don’t see why you’d carry on working just for something to do. Instead, write a book, travel, become a foster parent, do house flipping etc etc

1. Take up my very time consuming sport again
2. Write a book
3. Volunteer
4. Informally help my elderly neighbours
5. Go for lunch
6. Book lots of weekday activities for the kids to do after school and watch them

Honestly I would not feel guilty at all.