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by throwaway192890 752 days ago
I have ~$1.5M after ~10yrs in software w/ ~5yrs being in big tech. Live in the US.

Almost all is in S&P500 index. It doesn't feel much different than when I had ~$100k in the bank. It is nice to have some safety net and know I can weather most any storm and get back on my feet. I took a few months off a few years ago. I did an expensive masters for fun. Otherwise no big changes.

It isn't enough money to stop working or buy anything crazy. And you realize that no matter how much you have, the instinctual fear of not having enough is still there. Still stuck in the corporate world and no clear way out. You just keep working and seeing the numbers go up slowly.

It is like that famous quote:

“When most people say they want to be a millionaire, what they might actually mean is “I’d like to spend a million dollars.” And that is literally the opposite of being a millionaire.”

1 comments

Oh right. I guess I took it to mean “what would you do if you woke up tomorrow with an extra million”
And my point was that I'd just put it in an index fund with the existing million and it wouldn't feel like much changed.