Stamets@lemmy.world to People Twitter@sh.itjust.works · 3 年前Hard to fathomlemmy.worldimagemessage-square31linkfedilinkarrow-up1510arrow-down17
arrow-up1503arrow-down1imageHard to fathomlemmy.worldStamets@lemmy.world to People Twitter@sh.itjust.works · 3 年前message-square31linkfedilink
minus-squareVelvetStorm@lemmy.worldlinkfedilinkarrow-up4arrow-down2·3 年前You can’t really retire off 1 mill anymore unless you are living well below your means.
minus-squarehumorlessrepost@lemmy.worldlinkfedilinkEnglisharrow-up6·3 年前I didn’t say I’d retire today, I said I’d retire 10 years earlier than my current trajectory while not changing anything else. I’d keep working and contributing to retirement.
minus-squaresugar_in_your_tea@sh.itjust.workslinkfedilinkarrow-up1·3 年前$1M is ~$40k/year. If you have a paid off house, that’s pretty reasonable. If you rent, you’re going to have a hard time.
You can’t really retire off 1 mill anymore unless you are living well below your means.
I didn’t say I’d retire today, I said I’d retire 10 years earlier than my current trajectory while not changing anything else. I’d keep working and contributing to retirement.
$1M is ~$40k/year. If you have a paid off house, that’s pretty reasonable. If you rent, you’re going to have a hard time.