How much would you have to win to quit working as a nurse? How much would it take? - page 6

If you won a billion dollars today, how many hours per week would you work as a nurse?... Read More

  1. by   mikethern
    Quote from Glina
    And how do you know what are high-quality individual stocks?
    First, you need to pay off your credit card balances. That's the best investment you can make because their interest rates are so high. After you do that, let me know.
  2. by   Glina
    Quote from mikethern
    First, you need to pay off your credit card balances. That's the best investment you can make because their interest rates are so high. After you do that, let me know.
    No credit card debts here :spin:
  3. by   mikethern
    Quote from Glina
    No credit card debts here :spin:
    Good. If you earn less than $99,000 a year, you can open a Roth IRA. This is a retirement account that you are not allowed to withdraw from until you are 59 1/2 years old, but when you do, your withdrawals will be tax free, which is great.
  4. by   banditrn
    Quote from mikethern
    Good. If you earn less than $99,000 a year, you can open a Roth IRA. This is a retirement account that you are not allowed to withdraw from until you are 59 1/2 years old, but when you do, your withdrawals will be tax free, which is great.
    If I were to ever win a BIG lottery, I'd set up a foundation to help those that fall thru the cracks.

    The very poor can get help, but those that are just above the poverty line, but still can't afford to throw it all up for the time it would take to go to school - those are the ones I'd help. I'd pay them enough to live on so that they could go to school full time.

    They would have to maintain a certain GPA, tho.


    I've watched those shows where some people win big bucks and it shows what they do with it - and it seems so wasteful. Maybe because I've gotten to the point in my life where my wants are very few - yes, it would be nice to have a really great houseboat - but that's probably the limit of things I could think of that I'd like to have.
  5. by   Glina
    99,000 as a family or myself?
  6. by   mikethern
    Quote from Glina
    99,000 as a family or myself?
    • Single filers: Up to $99,000 (to qualify for a full contribution); $99,000-$114,000 (to be eligible for a partial contribution)
    • Joint filers: Up to $156,000 (to qualify for a full contribution); $156,000-$166,000 (to be eligible for a partial contribution)
    http://en.wikipedia.org/wiki/Roth_IRA

    Glina, check your private messages.
  7. by   ktwlpn
    I would get out of nursing if I won a million.Through very shrewd investments-very careful planning.I would then look at starting my own small family business-I would do something with my time.I would also like to do something in memory of both of my parents (cancer) An endowment at the hospital-maybe something to help with transportation,parking and overnite lodging for the patients who have to go into Philadelphia for treatment (that drive was awful at any time of day-what happens to the people that can't /won't drive in the city?)
  8. by   lvnandmomx3
    I really enjoy the work I do. I would continue as a Nurse consultant. Go on for my BSN and put away for my 3 kids' college education. To me a million dollars wouldn't go very far. However if the $$$ was right I would open up several group homes for disabled adults/children and actully care for them the way they deserved to be cared for with dignity and respect. And then I may give up my license because I would still be in a field that I enjoy. I would not give up working all together though I would use the manager side of the BSN to be the house Administrator.
  9. by   muffie
    after twenty years of fulltime work you bet your kittycat i would quit stat

    i would them become a professional shopper and philanthropist
  10. by   nursemike
    Quote from llg
    a better question is:

    how much would you have to win to quit working as a nurse? how much would it take?

    i just love my job so much that i think if i won a couple of million dollars, i would have to let it go to some other deserving person who needed the job.

    if you'd have asked me twelve hours ago, i'd have traded my nursing license for a pack of smokes and a warm beer. brand-name, though--not generics.
  11. by   chris_at_lucas_RN
    Quote from mikethern
    If you won a billion dollars today, how many hours per week would you work as a nurse?
    I love nursing, and I hope I would still work, but frankly, there are a lot of other things I would want to do with that kind of money, good causes to support, organizations to develop, that sort of thing. I'm not sure I'd have the time to work.
  12. by   RNgonewild
    I have always had this saying: When they go, I go. What I mean by that is when the people that are leaving me money pass, I'm going to retire. Of course at this point it looks as if they are going to outlast me!
  13. by   Xbox Live Addict
    Quote from mikethern
    If you won a billion dollars today, how many hours per week would you work as a nurse?
    Zero. I'd invest some of that money in Nintendo - their Tokyo stock prices have soared over the past year - and I'd just travel the world and relax for the rest of my life. Maybe I'd adopt a kid. One thing is for sure - I would NEVER work again.

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