XS22J8R
Well-Known Member
There was a time when winning the lottery was a dream of mine. But in recent times when I started doing retirement planning, and keep putting off my early retirement aspirations (first 55, then 60, now I'm 62) mostly because I haven't figured out what I'd do with my 24x365 days a year free time, I have come to realize I am at a point I'm too set in my ways to make some big change in lifestyle due to a financial windfall. I have enough trouble keeping up with the cars and trailer I already have, I don't have a desire to live in a 5000 sq ft house at this point, no desire for a big boat or a Lambo now. Or even a vintage P51 Mustang which was a dream of mine for many decades.
In fact seeing a financial planner a couple years ago showed me I have well more than I need for my meager lifestyle when I retire.
I was badly injured in an accident 33 years ago. Fortunately my health insurance from work paid almost all my medical bills and disability for the time I was off work recovering. I never talked to a lawyer since I am philosophically opposed to their greed and our jackpot based legal system when it comes to liability.
Around 10 years after the accident I became aware of a design defect that seemed very likely to have caused my accident. In fact in 2001 I was interviewed by a reporter and my accident discussed in an article on the front page of the Wall Street Journal about the alleged design issue! Of course the statute of limitations was long expired by then. But later I asked a lawyer friend of mine that knowing what we know now, how much would I have probably been awarded if I'd filed a suit after my accident? He said 2-10 million I would have got, around 30 years ago when I was around age 30. I think of that from time to time, was I dumb not to talk to a lawyer and end up with a 7 figure judgement? What would I have done with the money, would I have been responsible with it, or become a screw up like so many end up doing after getting a big windfall, a young guy out blowing it all on coke and hookers?
I lean toward thinking I was better off doing what I did by not seeking legal advice about a lawsuit, even if product liability was responsible for my injuries and some permanent disability.
I think winning the lottery is the same thing, it would likely cause more problems than bring joy. I won't be winning lotto so no worrying about what I'd do the next day if I won! Be careful what you wish for.
In fact seeing a financial planner a couple years ago showed me I have well more than I need for my meager lifestyle when I retire.
I was badly injured in an accident 33 years ago. Fortunately my health insurance from work paid almost all my medical bills and disability for the time I was off work recovering. I never talked to a lawyer since I am philosophically opposed to their greed and our jackpot based legal system when it comes to liability.
Around 10 years after the accident I became aware of a design defect that seemed very likely to have caused my accident. In fact in 2001 I was interviewed by a reporter and my accident discussed in an article on the front page of the Wall Street Journal about the alleged design issue! Of course the statute of limitations was long expired by then. But later I asked a lawyer friend of mine that knowing what we know now, how much would I have probably been awarded if I'd filed a suit after my accident? He said 2-10 million I would have got, around 30 years ago when I was around age 30. I think of that from time to time, was I dumb not to talk to a lawyer and end up with a 7 figure judgement? What would I have done with the money, would I have been responsible with it, or become a screw up like so many end up doing after getting a big windfall, a young guy out blowing it all on coke and hookers?
I lean toward thinking I was better off doing what I did by not seeking legal advice about a lawsuit, even if product liability was responsible for my injuries and some permanent disability.
I think winning the lottery is the same thing, it would likely cause more problems than bring joy. I won't be winning lotto so no worrying about what I'd do the next day if I won! Be careful what you wish for.