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

[Ideologue]

I drank some water a couple of days ago because I didn't feel like going to the store right then.

[MadImmortalMan]

Ok, Meri.

What does OK mean?"

[Ideologue]

I'm okay, you're okay.

[merithyn]

Ok, Meri.

What does OK mean?"

Read the OP before voting to see what "financially okay" means.

[garbon]

Which really just means "OK as in not really okay".

[merithyn]

Which really just means "OK as in not really okay".

That's not true, actually. You could be okay on that amount. It would pay the bills and give you a bit left over if you were careful and intelligent in how you spent your money.

But no, it's not an excessive amount. You would definitely have to be careful with your spending.

[garbon]

Which really just means "OK as in not really okay".

That's not true, actually. You could be okay on that amount. It would pay the bills and give you a bit left over if you were careful and intelligent in how you spent your money.

But no, it's not an excessive amount. You would definitely have to be careful with your spending.

No, I couldn't. Just with current and due expenses, I'd hit quite a crunch and would need to radically revise almost everything about my life.  I don't consider that "okay" though yes, it is certainly the case that I could still continue to live.

[merithyn]

Which really just means "OK as in not really okay".

That's not true, actually. You could be okay on that amount. It would pay the bills and give you a bit left over if you were careful and intelligent in how you spent your money.

But no, it's not an excessive amount. You would definitely have to be careful with your spending.

No, I couldn't. Just with current and due expenses, I'd hit quite a crunch and would need to radically revise almost everything about my life.  I don't consider that "okay" though yes, it is certainly the case that I could still continue to live.

And that's why you voted no. For me, I could see doing so with no real problem.

[Iormlund]

Four times poverty line is twice the median income here. Absolutely.

[MadImmortalMan]

IMO, I would never be satisfied with any definition of ok. I don't think that's possible for homo sapiens. We're too restless for that. I would always need to be working on the next project or whatever, and I think most everyone would also--whether we know it or not.

I think it's easy to think this way when you're constantly struggling to make ends meet financially like most people are, or struggling to keep the bears out of the cave so your kids don't eaten or whatever. But I think most people, even if given an unlimited amount of wealth, would not be ok with that. They'd still be unsatisfied. I know I would.

[Ideologue]

Yeah, but is your job full of a primordial struggle to reach a top that isn't there?  Mine isn't.  I doubt most people's are.

[sbr]

IMO, I would never be satisfied with any definition of ok. I don't think that's possible for homo sapiens. We're too restless for that. I would always need to be working on the next project or whatever, and I think most everyone would also--whether we know it or not.

I think it's easy to think this way when you're constantly struggling to make ends meet financially like most people are, or struggling to keep the bears out of the cave so your kids don't eaten or whatever. But I think most people, even if given an unlimited amount of wealth, would not be ok with that. They'd still be unsatisfied. I know I would.

Not me.  If I could stop working and be comfortable I would do it in a heartbeat.  I don't know that Meri's definition of OK is enough, but it would be close if I didn't have my kids to worry about.

[crazy canuck]

Not me.  If I could stop working and be comfortable I would do it in a heartbeat.  I don't know that Meri's definition of OK is enough, but it would be close if I didn't have my kids to worry about.

Yeah, if I was single I am not sure I would still be doing what I do.  The temptation would be too great to find another lower paying job with a lot less stress.  Or just give it all up, sell my properties and just live on the proceeds of accumlated savings and investments.

But since its not just me I have to think of I earn for others.

[Ideologue]

That's the other thing.  I didn't understand Meri's hypothetical to involve a promise to never work again.

[garbon]

That's the other thing.  I didn't understand Meri's hypothetical to involve a promise to never work again.

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

To me, then the hypothetical simply comes down to whether or not you currently make less (or around) than 4 times poverty in your country. And maybe with a modifier of if you are at a stage in your career/life that you aren't necessarily trying to increase your yearly income.