kissmetender
1091
37
13
Throwaway account because I don't like tying this to my regular user.
Also, feel free to ignore this; I just needed to tell someone.
I just became a millionaire! It's a strange feeling: nothing has changed, but at the same time I've accomplished something I've wanted for years.
I live in a small studio, I have no car, and no luxuries. I'll keep saving so that my life is simple and quiet, but will likely buy myself something small to celebrate for my next birthday. I've been waiting for so long to let myself enjoy such things that now I wouldn't even know what to buy.
Cat tax. Not mine but still cute.
This community is amazing and I love you all.
SithElephant
Million dollars ain't a million dollars anymore. Invest it, and get slightly less than a full time minimum wage job in the UK, for example. (yield, if you want it to grow with inflation)
kissmetender
Currently, passive income from my investments is giving me enough money to survive. Stock price seems to be adjusting to inflation (I've been tracking this and comparing it to standard indices like NASDAQ). So it looks like I could live on this indefinitely.
IHaveABigTruckBecauseMyCockIsTiny
Congratulations. Nothing really changes until you change your lifestyle. When and how you do that is up to, if at all. I didn't really change mine until my passive income was more than my salary
kissmetender
I'm > 10% of the way there in that respect. My salary is good and I've been lucky enough that my employer has so far matched inflation. Another measure is that my passive income can cover my basic expenses. So I could technical survive on this.
[deleted]
[deleted]
kissmetender
Throughout this course, there were points that, for me, made a substantial difference. One was when I had enough saved to survive for 2 years without a job (other people would put the bar elsewhere, but 2 years seems like a very good measure). Another was then I was making enough in passive income to cover my rent and expenses where I used to live before (which I can always go back to, so this gave me a lot of peace of mind). I also celebrated every $100k, but set goals in increments of $5k.
ProfessorDumbass
For a million dollars I might kiss your tenders...lol. congratz on having enough money to survive 12 years...allowing for inflation
kissmetender
So, I've calculated this and, the way I've invested it, I think I can retire where I live without kids, and in a different postcode, with kids.
ProfessorDumbass
Or in Asia with massages and cheap beer daily..forever
kissmetender
Hahah. I prefer the family and kids but ok :)
LariCheltsy
kissmetender
I've definitely been making more times for naps lately.
EatPieLander
U made that millllyun on memes, didn't u?!? heehee. but seriously, congratulations. I'm sure U worked hard and made good investments and maybe even an evolving spreadsheet to track everything.
kissmetender
Thank you. I did work hard, and I did use a spreadsheet to track everything. I also spent quite some time educating myself about money.
EatPieLander
Glad to hear it. Just FYI: one of the best actions I took was ask for a dedicated advisor from my IRA. I learn A LOT from them. There id only do much they can do for free, but whether in person or over fon I have "whooohoo" moments every time we talk. I also rolled my 401(k) into my IRA for flexibility of withdrawal AND investment. My 401(k) did NOT provide a dedicated advisor, either.
kissmetender
I've been tempted to try the advisor, although I'm concerned that their interests missalign with mine (they are there to make money off of you). I did roll my 401K to an IRA :)
kissmetender
And thanks for the suggestion!
BallsLikeWatermelonsPeckerLikeAThimble
The older version of you will thank you.
Breaker3000
Congratulations!
kissmetender
Thanks! :)
Breaker3000
I have no suggestion as what to spend that on, but I'd suggest a course of something like carpentry/blacksmithing/learning and instrument ie anything creative you feel you might even be remotely interested in.
kissmetender
Thank you for the suggestions :)
Mohareb
Nice work. I'm only saving up to get economically independent. I'm still years off where you are but i don't feel like i would ramp my expenses up a lot when hitting the goal either. More vacations and maybe a bit more carefree about buying stuff from new but i really appreciate my life as it is currently.. just want less time spent on work-life
kissmetender
Nice. That seems very sensible. I really hope you get there :)
blaid0
Good on you. Keep it like that. Maybe take a trip, travel a little to celebrate.
kissmetender
Thanks! :)
Photus
You can have one of mine, I've got 3 cars and a truck.
kissmetender
What do you have?
Photus
A corolla, a Hilux, an old Subaru and a 1987 ford trader/Mazda. And the work ute, but that's not mine.
spankeyfish
What currency did you become a millionaire in?
kissmetender
USD.
woodenrobot
Imgur points
kissmetender
I wish. That would get me so much.... cat.
trinxter
No car, but you need a cat.
LariCheltsy
kissmetender
I'm hoping to get one. A cat will add years to my life and scratches to my face.
PutItInNeutral
When selecting a kitten from the shelter, put it up to your ear. If it purrs for you, it's a keeper.
kissmetender
Hahahah that's a good one. My last cat did that so I guess you are right :)
trinxter
Very unusual to get scratched, at least on face. Some get overexcited by scritches but usually go for the hand.
kissmetender
My old cat would scratch me sometimes while playing if I rubbed his tummy a bit too much. And he could scratch my face if I got close enough. But he was lovely. I miss him.
michBeast
im not, not even close. but i have a house and a car.
kissmetender
Nice! :)
michBeast
its ok, but its work. the less you own, the less you are responsible and the more you are free.
kissmetender
I agree. That's been sort of my position. Not owning my home meant I could move easily to lower my rent, and later between states for a better job. Both things helped me get here faster.