ST Alpha - "ST Poll -- If the group hits, would that be enough for you to quit your job?" (Reading a Post)

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ST Poll -- If the group hits, would that be enough for you to quit your job?

Posted by znufrii Mar 30 '12, 07:58

I probably would, but only to find a new job. not sure I could live off of it indefinitely.

Responses:

I think with my shares I could live off the interest -- nm - oblique Mar 30, 08:09
If I hit solo, I'd stay through end of busy season, then bounce. -- nm - MDH Mar 30, 08:09 2
- yeah, winning solo, it's not even a question. -- nm - znufrii Mar 30, 08:10 1
  - true. -- nm - tRuMaN Mar 30, 08:11
my current job, yes. But my 1 share wouldnt be enough for me to retire. - Jovian Mar 30, 08:09 6
- did we do the math? how much is 1 share? -- nm - loosilu Mar 30, 08:09 5
  - !4 will net you between $300k and $400k depending on state/local taxes. -- nm - TWuG Mar 30, 08:11 1
    - !4 should be $1 -- nm - TWuG Mar 30, 08:12
  - roughly $1mil before taxes and lump sum split. -- nm - tRuMaN Mar 30, 08:10
  - look down \/ -- nm - decline Mar 30, 08:10 1
    - thanks. Definitely quit, then run away to the Seychelles. -- nm - loosilu Mar 30, 08:11
I missed out on the group, but I won the whole thing I would continue working here for at least a year or two - decline Mar 30, 08:08 3
- see i see boredom as meaning i would spend more - tRuMaN Mar 30, 08:10 2
  - right. My favorite part of this job is web design and programming. I would want to continue doing that - decline Mar 30, 08:11
  - I'm sure I would do quite a bit of on the side computer work for my church, etc. -- nm - oblique Mar 30, 08:10
No, but Suzanne would. -- nm - JaxSean Mar 30, 08:06
If I can sit on a beach earning twenty per cent, sure! (But I probably wouldn't) -- nm - Roger More Mar 30, 08:05
oh hell yes. I am going to pursue art. -- nm - loosilu Mar 30, 08:04
yes - I'd make it last - so long as I could quit this place -- nm - Epiphany Mar 30, 08:04
yes, I would, but I would open my own business with a portion of the funds. nm -- nm - groiny Mar 30, 08:04
No. It would be enough to get us set up with a house and saving for retirement, though. -- nm - Kim Pine Mar 30, 08:03
No. -- nm - Diva Mar 30, 08:01
What's the per share take if the group wins? -- nm - ty97 Mar 30, 08:01 3
- 540/515 less taxes/lump sum. -- nm - TWuG Mar 30, 08:02
- say, roughly 450k. nm -- nm - groiny Mar 30, 08:02 1
  - Then yes -- nm - ty97 Mar 30, 08:03
[deleted]
i don't know. i wouldn't automatically. - TFox Mar 30, 08:01 2
- I would look into the IM immediately, but I would stick with my employer a bit longer to work on the upcoming fun stuff. -- nm - Beryllium Mar 30, 08:02
- Yeah, I wouldn't quit until I had talked to a financial planer first - Bacon Mar 30, 08:02
No. But it would probably shave a few years of my timeline for when I would start to cut back towards retirement. -- nm - pmb Mar 30, 08:00
Nope, but my wife could. -- nm - spamlet Mar 30, 08:00
Hotcakes and I figured that out last night. Yes!! We need about 3 million to do it. This would end up being almost double -- nm - Bacon Mar 30, 08:00
Yes. - Will Hunting Mar 30, 07:59
with my share? no. -- nm - The Unsinkable Andie Brown Mar 30, 07:59 1
- actually, i would probably quit *this* job, for a while, but i couldn't quit working, period, forever. -- nm - The Unsinkable Andie Brown Mar 30, 08:13
My current job? Yes, but i would find another job, just cause i am like that -- nm - tRu Pad Mar 30, 07:59

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ST Poll -- If the group hits, would that be enough for you to quit your job?

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