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True, but a few of us are - it’s definitely possible to save enough to never have to work again. Here in Lisbon, you can live a perfectly comfortable life fore
by zemvpferreira 6y ago
True, but a few of us are - it’s definitely possible to save enough to never have to work again.
Here in Lisbon, you can live a perfectly comfortable life forever if you hit around 300-400k € in equity. That’s money, but nothing impossible.
- war1025 6y ago> Here in Lisbon, you can live a perfectly comfortable life forever if you hit around 300-400k € in equity. Is that assuming single with no dependents? If I were single, I could definitely see that working. But with a wife and three kids, it seems less possible.
- zemvpferreira 6y agoWell that’s definitely a life choice I haven’t made. But assuming your wife brings her own 300-400k to the party (only fair) then it’s completely doable.
- war1025 6y agoWell, since my wife stays home with the kids, I guess I'll have to keep saving a while. 600-800k isn't all that far off in the grand scheme of things.
- zemvpferreira 6y agoWell, being pragmatic you could still retire on 400k with a family of four in Portugal, especially outside the capital, and on a very reasonable standard of living. I just prefer to assume a per-adult-capita amount. Sorry if that was unclear originally.
- war1025 6y agoI've drunk the Mr Money Mustache [1] / FIRE koolaid to some extent. Mostly just looking to start a conversation since it's a topic I'm interested in. [1] https://www.mrmoneymustache.com/ https://www.mrmoneymustache.com/