If you could quit your job tomorrow and be financially okay, would you?

[merithyn]

When I say "financially okay", I don't mean that you've won the lottery or that you get a full-pay retirement package. I mean that you would be pulling in about 4 times the poverty line and would stay at that rate until you died.

Would you leave your job?

[MadBurgerMaker]

Absolutely

[Ed Anger]

*snort*

[Barrister]

I have kids to raise, and the amount you list is much less than what I currently earn.  So no, not now.

[Ideologue]

$50,000 a year?  Yeah.  Fuck yeah.

However: I would probably try continue to work in some capacity, just not my non-job job.

[Grey Fox]

I don't currently make 4 times the poverty line. I'm willing to get that & still work.

[The Brain]

I don't fancy living as a poor, so no.

[Ideologue]

I did vote "would have to think about it" and by that I mean I'd have to look at the tax implications.

If I'm earning $50k for jack shit, I'm going to be paying the rich person rate for $35/40/45k/$? of tedium.  While taxes are important, I've always felt that they very unfairly impact people who actually work more.  I don't mean are more valuable, but literally labor more severely.  This doesn't really apply here, but there's still a serious disincentive issue.

In any event, what I mean is I'd have to see how much my take-home on my wages would be.  If it's less than $10hr, ha ha, no fucking way.

[Jacob]

It sort of depends what you mean...

I might take a look at my financial obligations, this guaranteed income, and my free time and attempt to grow that into something larger.

If the question is - would you take $40K - $60K/year (depending on how we define poverty line; this could also apply to an individual) and not earn any other income for the rest of your life, then no.

If the question is - would you take that amount and not ever draw a salary again, except from a company you own, then yes (assuming my wife can still work, if not, then fuck no).

[merithyn]

If the question is - would you take $40K - $60K/year (depending on how we define poverty line; this could also apply to an individual) and not earn any other income for the rest of your life, then no.

This

[Eddie Teach]

I've never had a job that either payed that much or was enjoyable, so definitely.

[Jacob]

If the question is - would you take $40K - $60K/year (depending on how we define poverty line; this could also apply to an individual) and not earn any other income for the rest of your life, then no.

This

Okay.

I'll go vote no then.

[Jacob]

... or rather "not likely" 'cause I like to hedge my bets a bit.

[MadImmortalMan]

Not if it's free. If I'm drawing that income from the investing I've done then yes.

[crazy canuck]

Based on Jacob's clarification of the question.  No way.  Not nearly enough.