3 ms·
I'll probably 'call it quits' from corporate work when I can draw the median household income at a 3% SWR. That's a bit of arbitrary number. It's 2-3x my curr
by wing-_-nuts 4y ago
I'll probably 'call it quits' from corporate work when I can draw the median household income at a 3% SWR. That's a bit of arbitrary number. It's 2-3x my current expenses, but I want to make sure I can provide a reasonably decent lifestyle for myself and a partner. I'll get them a bit above average. If they want more than that they're welcome to keep working.
When I retire, I'll probably piddle around with open source projects, a small saas business, or writing apps for niche platforms (XR, smart watches, etc). I'm not opposed to 'working for the man' but I'd only do that 2d / wk max, and few employers would be open to that. Throw in some slow travel and remote boondocking in addition to my normal books, games, and movies, and that sounds lovely.
I'm a bit over halfway to my goal. I've passed the point where I need to work to survive, and I've even started setting aside a 'fun money' budget. The hard work was done in my 20's and 30's. I just keep throwing money into index funds and sailing towards the finish line.