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> Ask yourself how much you need to live the rest of your life the way you want.

Speaking from an experience - "the way you want" criteria will change immediately after you start living the way you (currently) want. It doesn't mean that a kilo of caviar will suddenly become a desirable breakfast item, but things like a custom-designed home in a great location will pop up on a wanted list, or an expensive hobby, or an intention to provide similar lifestyle to the parents and relatives, etc.

The more you have, the bigger the dream is.



I wish I could speak from experience, but I've noticed that the more I make the less I actually spend. When I was a bit younger, I wanted expensive cars, expensive clothes, high-end restaurants... sunk myself into quite a bit of debt chasing after all of that.

Now? A small, comfortable place to live, a kitchen, the ability to travel, and tools to tinker with and fix things is all I really want. And I make a lot more now than I did then.

Weird, I know. :)

I'd be pretty pleased with a couple million; more than that is just something to invest in interesting ideas.

5x earnings for a company you'd like to take an exit from sounds like a plan to me.


I suspect the changes in your wants are a result of maturity, not income. The cars, clothes, and restaurants are really just toys, of the same type you wanted when you were five.




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