Earlier quoted context omitted.
> after tax is 7 figures but still not a lot What exactly is "a lot of money" (and how much do you think MIT professors are paid)? I think point #6 is more relevant than point #5.
"A lot of money" is also known as "Fuck you money". Enough money that you can say "fuck you" to anyone without worrying about the consequences. $1M is not even close to that, especially not for a young guy who has to pay for the next 60 years of his and his family's existence. Don't get me wrong, it's a good starting point, and you can definitely be reasonably secure on it if you invest wisely and continue to work (e…
I imagine this guy can, given his uncomplicated expectations of life.