I have a friend who retired somewhat early as CxO of a company with a (lowish 8 figure?) payday. Although, from a financial perspective he somewhat regretted spending about a decade doing a bunch of angel investing rather than just investing in big tech, I think it was also sort of a hobby and he still invests in a few companies he's particularly interested in. Along with also being involved in philanthropy with a large local institution.
So, yeah, there's a level where you know you don't have the money to routinely fly private or buy a super-yacht or buy properties around the world. But you have enough for any expenses you reasonably want/need and may not even want a bunch of the stuff that more money could buy. So you throw some money at interesting things.
So, yeah, there's a level where you know you don't have the money to routinely fly private or buy a super-yacht or buy properties around the world. But you have enough for any expenses you reasonably want/need and may not even want a bunch of the stuff that more money could buy. So you throw some money at interesting things.