5 ms·

how do you retire on 6 years of L5 Google comp?

• Grimm1 5y ago
  2.4million is pretty easy to retire on (stock is expected to appreciate as well to account for taxes etc). I could retire at something like 1.8m to be honest. My current style of living costs about 50k a year. Throw that into index funds live off a 4% withdrawal and I'm out and I move to a LCOL. That's 72k a year which is 20k some odd higher than median earning in the US. In most non metro areas that'd be a fantastic existence in which I no longer have to care about 99% of the mundane crap I do now. I love working so I'd continue to do things but solely at my discretion so there'd still be some months where I bring in more external cash probably on contract.
  • zht 5y ago
    what about wife and kids?
    • Grimm1 5y ago
      I don’t intend to have any, wife I expect would be in a similar economic position to me