3 ms·
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.
by 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.