Should I retire with 1M net worth?
If I dont plan to have kids ever. 40k a year is a comfortable life for me. Also in a committed relationship. My S/O and I both come from modest backgrounds— we don’t do lavish vacations, live in luxury housing, etc. TC 200k Age Late 20s edit: I don’t mind working. However, I would like to try my hand at entreprenurial pursuits, spend time working on open source, etc. My days would still be busy / productive. Some of these things could make some money.
Hilarious. Try again when you have 10M
Do you plan to stay in the US?
You should account for the escalating costs of healthcare based on your life expectancy.
1M is not enough to retire in the bay, do the math. You have 50 years + or so left. Will 1M really last you that long, taking into account inflation and rising housing costs.
Not in the Bay Area, read the post
1M is far from enough to retire in your 20s
1M is not even enough to retire when you’re 60.
Never plan to not have kids, kids are the best what happens in human life.
False. Fuck my mother for giving birth to me
Depends where you live, it’s not enough for CA. If you are comfortable financially, seek for job / life satisfaction. I’d continue working until 2-3M net worth, you may be there in ten years.
No. And you're not even 30 yet lmao.
I’ll reach 1M net worth in my early 30s. But this is my current plan.