Comment on Ask HN: Examples of large exits without VC Funding?parentComments−hjjiehebebe8yAre you saying 10M isn't fuck you money? Its not rich but with planning you can live middle class support a family and not work again.−seattle_spring8yGive it a few hours. Sooner or later, someone will chime in saying that living on $400k a year is "basically poverty" in SF or Silicon Valley.−tedmiston8yNot really after capital gains taxes.You've got enough to buy a house in SF, put your kids through college, and not have to work again, for let's say 50 years with a decent annual spend, if you put most of it into a retirement account.
Comments
Are you saying 10M isn't fuck you money? Its not rich but with planning you can live middle class support a family and not work again.
Give it a few hours. Sooner or later, someone will chime in saying that living on $400k a year is "basically poverty" in SF or Silicon Valley.
Not really after capital gains taxes.
You've got enough to buy a house in SF, put your kids through college, and not have to work again, for let's say 50 years with a decent annual spend, if you put most of it into a retirement account.