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> How did you survive if you didn’t make any money last year? The author made a reference to the "The 4 hour work" week. If I remember correctly one of the poi
by chosenbreed37 8y ago
> How did you survive if you didn’t make any money last year?
The author made a reference to the "The 4 hour work" week. If I remember correctly one of the points there was about being able to operate from a low cost center. e.g. I imagine modest savings accumulated in the US would support you if you relocate to say "Thailand" and work from there for 6 months.
- montenegrohugo 8y agoM Lynch also says that 2k expenses/month is more or less covered by interests in assets, which means he probably has around 600.000-ish in stocks (at a 4% safe withdrawal rate)
- godot 8y agoThat's after he bought the house too. A zillow search shows that a 2-bed house in South Hadley, MA is around $150-200k. If bought in cash, his total savings was probably 750-800k. It may be a good reminder for readers of this to realize that if they want to do something similar to the author, having roughly that order of magnitude of savings is a good start -- and even then, having the expenses of living in a big city (Manhattan, SF) is still unsustainable.