Reply #32: Needing a job would depend on an individuals circumstances.

[54anickel]

Even if you were to net out 500K after buying another home to live in, if you're not 65 there's medical, home and car insurance, property taxes, ever increasing living expenses in general, maybe the kids college tuition, etc. Where could you invest that principal that would give you a decent enough return to cover all those living expenses without having to chew up so much of that principal to the point that you outlive it? :shrug: