Would you retire today if you won $5 million dollars?

[MKIV]

Heard this on the radio yesterday, simple question yet many different answers. Some people say yes, others prefer to keep working so they don't feel useless/lazy.

What about you?

[nimblestix]

Open a shop, buy small house on acreage, and invest the rest between realty/property & certain commodity's and Ive always said I would donate a large amount to Vancouver children's hospital If I ever won!

Then I would just kick back and enjoy life as my own boss! Its easy to make a decent annual income from 5million.

To sum it up, I would quit my day job and start working for myself rather than retire all together.

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[future_R34]

Not retire.... But I would build a castle with a mote...... and invest the rest so I could make quadrillionmillionbillion dollars a day

[GTRADDICT]

Being a Chemistry teacher I would build a huge super nice lab so that students actually have to chance to SEE how cool chemistry is really is. Oh and would build some nice cars too!

[Supraclean]

I would Love to buy property and build a track for autocross/drift/time attack events.

That way everyone can enjoy it!

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[cschepp]

I definitely wouldnt retire. I would spend all the money on real estate and investments and keep some money back just in case. But I would also share some with family and make sure everyone was doing ok.

If I won more than 5 I would definitely buy a property that I could make a race track on.

[nismo240r]

Acreage, kickass garage, mediocre house, invest, give some away to family. . .build a track on said acreage. . .

[MarusGTR]

Give some to my parents...

[Kunzz]

Find investors, build a race track, build my house on that property, generate another 5 million for myself 10 years later, kick back and live off the interest.

Simple saying goes with 5 million, keep the principal, spend the interest. With a house paid for, i'd be sitting at $100k a year on interest alone, more than enough to work on cars all day

[Daryl @ RightDrive]

I wouldn't retire, I'd get so bored.
I'd buy a nice house (and maybe a Ferrari), and invest the rest. Keeping that kind of cash in investments will give you plenty to live off of in the future.

[Fred-R]

I might retire. I'd travel all around the world, invest on real estate, give to family/friends. And like Nimble, i'd give a share to charity. I'd have couple of houses in strategic places...

Building a track on my property is a pretty good idea...

[NismoS-tune]

Couldn't retire but I'd take a 6 month leave of absence (without pay) to let the media cool off, maybe visit some family across the country but definitely not retire.

[CanadianGTR]

Obtain 5-6 FIT contracts from OPA.
Build 5-6 250kW roof-top solar plants.
Enjoy high six figure ($700k+) income for the next 20 years with minimal effort. Which is about $14M over the 20 year life of the project.

Yes, I would retire in that case.

$5M alone without investment? No, probably not.

[ColinR33]

I'd definitely retire from my current job, probably go into teaching at Nait just to keep from going crazy, summers off would be nice...

[cortexx]

Id invest it all in precious metal bullion and keep working in the meantime . I like work , couldn't wake up each morning and not go to it !