Poll : how much would you sell a year of retired life for?

[tonysemail]

A hypothetical situation - let's say you are FIRE'd and you have no need of additional money.
But a headhunter contacts you and convinces you to interview.
You get an offer that is simply too good to pass up.

So mustachians, how much money would it take to entice you out of retirement?
If a company recruited you with 10 times your annual expenses, would you sell them a year of your life?
Or is your time truly priceless?

I heard of someone being paid $1mil/year to stay on as a CEO.
My resolve to be free would crumble at that rate :-)

[Laura33]

Net or gross?  :-)

[Al1961]

Not going to happen. I'm approaching three years into retirement. No amount of money that is likely to be offered could entice me to go back into the auditing world.

One major issue that led to retirement was a heart condition (atrial flutter). This condition is made worse by hypertension and stress, which go hand in hand with tight deadlines, scarce staff, and budget pressures.

[tonysemail]

Net or gross?  :-)

good question.  I would say gross income.

[Raenia]

I'm nowhere near retired so it's hard to picture, but I would think it would depend a lot on the stress levels involved in the job being offered.  For a relatively low stress job, with flexible hours and at least part time work-from-home option, I can see doing it for something like 15x gross.  It would need to be that high, to compensate for not only the work itself, but also the consequences of skipping up several tax brackets.  For a high stress position that was likely to make me seriously unhappy for the year, if not health consequences... I don't think there's an amount of money worth giving up your health when you're already FI.

[sol]

The flip side of this question, and what I thought this thread was going to be about, is how many years of retirement you're currently giving away by not reducing your spending. 

For most people, it works out to about one extra years of retirement for every 1% reduction in your current pay that you devote to savings instead of spending (it's more than one year for the first few percent, less than one year for the later percentages).  So for example, increasing your savings rate from 20% to 30% (a 10% increase) moves your retirement age up from age 60 to age 50 (10 extra years of retirement).

By this accounting, anyone who is still working is currently answering the question in the title of this thread with "I'm currently taking 1% of my salary to lengthen my working career by one year".   You could instead buy one additional year of retirement by saving an extra 1%.  For your exact number, spend some time understanding the following graph.  The slope of each line, at each savings rate, is how many years you of retirement buy with each additional percent of savings.  It's much more than one year if you currently save 5%.  It's only about three months more per each additional percent saved if you're already saving 60%.

[MountainManMustache]

Interesting question.  I have thought about this a lot and my conclusion is that there is no amount of money for which I would give away a year of my life, not to mention the additional time taken away due to the stress of going back into the Corporate world again.