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So, an earlier post from a person claiming to be a multimillionaire as a result of gambling got me thinking...
If you suddenly found yourself with a very large sum of money that you didn't work for (lottery, inheritance, found in a paper bag inside of a tree in the park) would you still work as a nurse? I'm talking about enough money to live off of for the rest of your days.
Personally, I would still work as a school nurse. I need health insurance and I really do enjoy my job. I may even enjoy it more if the paltry salary didn't stress me out so much at bill-paying time.
What I would STOP doing is looking for per diem work and babysitting on the side... later for that!
What about you guys?
Use some to pay for BSN and eventually MSN for me, help my siblings out with grad school costs, and pay for my niece to attend 4-year college which is currently out of reach for her/her family. I'd probably invest a large portion of it however so that I'd have money down the road for things like a house, traveling, continued education, and eventually retirement.
A million dollars after taxes is around $610,000. After I paid off my mortgage and what's left of my student loans, I'd have under $300K left. Not enough money to live off of for the rest of my days, so I'd have to keep working.
If I won Mega Millions or Power Ball and came home with over $100 million, you bet I'd quit my job tomorrow and take off on an around the world journey.
I would still work but would go work missions with Doctors Without Borders and/or work in free clinics for under-served and uninsured (all of which I am planning to do without the million dollars when I get a little more acclimated in nursing, but on a limited volunteer basis, 'cause I do have to earn a living).
DoeRN
941 Posts
I would definitely not work in my current position if I had a million dollars. I have 27 years until I can retire so unfortunately I would still have to work (not as a nurse though. No way no how!) I would earn a graduate degree and invest the million dollars so I could retire early and travel all over the US in a RV or a tiny house hooked up to a pickup truck.