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Oh true, I forgot to account inflation, and also healthcare. While I don't think you could retire at 30 with it, 900k would give you a comfy runway to build yo
by lifeformed 5y ago
Oh true, I forgot to account inflation, and also healthcare. While I don't think you could retire at 30 with it, 900k would give you a comfy runway to build your own income sources (like an online business or something), while living freely for many years. I guess that's what I meant by financial freedom, not necessarily not having any other income forever. And building online income streams isn't for everyone of course, but it's probably a desire of many here.
On the other hand, 900k will let you comfortably retire and live like a king if you move to a lower cost of living country.
- mgkimsal 5y ago> will let you comfortably retire and live like a king if you move to a lower cost of living country. agreed, except... you can basically never come back. > I guess that's what I meant by financial freedom, not necessarily not having any other income forever Yeah, the phrase can mean different things to different people. It's definitely a 'comfy runway' for a lot of folks in a lot of places, even if it's not a "never have to work again" number.